Sina Technology News Beijing time in the morning of April 26th news, as storage chip exports to better, Samsung Electronics quarterly profit exceeded analysts' expectations, but the company also warned that the demand for smartphones in the next few months is facing challenges.

In a document submitted on Thursday, Samsung Electronics said the company's net profit increased to 11 trillion and 600 billion won ($10 billion 700 million) in the quarter end of March, exceeding the average analyst's average expectation of 10 trillion and 900 billion won. Revenue increased by 20% to 60 trillion and 600 billion won.

The results have eased the market's worries about the slowdown in chip demand, and the previous year's record profit has helped to defeat Intel and become the world's top revenue semiconductor. But Samsung said the profitability of mobile phone business declined due to slower demand.

Samsung's outstanding performance, however, did not bring any comfort to other chip makers and apple suppliers, which had expected the market to disappoint, and the stock prices have fallen sharply in the past two weeks. Samsung also warned that apple iPhone X smart phone screen demand may be weak.

The Samsung chip business achieved a profit of 11 trillion and 600 billion won in the quarter, reaching 3 times that of the mobile phone sector. Samsung controls about 2/3 of the world's DRAM market. The company launched Galaxy S9 flagship mobile phone in February this year, and its mobile phone business has a profit of 3 trillion and 770 billion won during the quarter. But Samsung warned that sales of flagship mobile phones may be stagnant due to weak demand in the current quarter, and the cost of marketing has also risen. (I. M. I. M. I. M. I.)