Samsung says US tariffs will affect prices and demand for smartphones and memory chips

During an earnings call, Samsung's CFO Park highlighted ongoing uncertainties from U.S. tariff policies as a potential risk to demand, particularly affecting its second-half products like AI and smartphones. Despite strong first-quarter revenue of KRW 79.14 trillion ($55.6 billion), driven by high Galaxy S25 sales, the company faces headwinds from increased tariffs on chip components used in hardware, reducing operating profits. Park noted that while Chinese customers may have boosted orders for memory chips before U.S. tariffs, these now overshadow growth, alongside expected price hikes for smartphones and TVs in Vietnam and Mexico.