Samsung Sounds Note of Caution as Profit Tops Estimates

It expects semiconductor earnings to bounce back this quarter
Largest Korean company warns again of persistent chip shortage

WATCH: Samsung’s profit beat analyst estimates thanks to a strong demand for mobile devices and other technology during the pandemic. Stephen Engle reports.(Source: Bloomberg)

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Sohee Kim

April 28, 2021 at 11:47 PM UTC

Updated on

April 29, 2021 at 2:07 AM UTC

This article is for subscribers only.

Want the lowdown on what's moving Asia’s markets in your inbox every morning? Sign up here.

Samsung Electronics Co. beat analyst estimates for profit in the first quarter, but warned of continued fallout from semiconductor shortages as the global economy recovers from the Covid-19 pandemic.