Samsung Electro-Mechanics Reports 40% Profit Growth Drivenby

Samsung Electro-Mechanics announced a first-quarter operating profit of 280.6 billion won ($189 million), reflecting a 40% increase from the previous year, largely attributed to strong demand for high-end semiconductor substrates used in AI accelerators. Revenue also grew by 17%, reaching 3.21 trillion won, outperforming analysts' expectations. The company highlighted significant growth in specific product lines, particularly the production of flip-chip ball grid array substrates used in AI servers and advanced driver assistance systems, with a notable shipment expansion to global technology firms.