Samsung Electronics announced third-quarter operating profit of 107.4 trillion won

Oct 29

1. 20:09

   China.com Technology

   AI demand drives chip business, Samsung operating profit surges 783%

   Samsung Electronics announced its financial results for the third quarter of 2026, with revenue of approximately 195.3 trillion won, up about 127% year-on-year, and operating profit of approximately 107.4 trillion won, up about 783% year-on-year, marking the fourth consecutive quarter of record highs. The semiconductor division's operating profit for the quarter reached 106.5 trillion won, accounting for about 99% of the company's total, with HBM4 sales rising sharply and demand for server SSDs strong. Revenue from the mobile and network businesses grew but they still posted a combined loss of 600 billion won, which Samsung attributed to cost pressure from rising component prices.

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2. 15:08

   heise online

   Samsung's third-quarter operating profit nearly ninefold increase driven by AI memory demand

   Samsung Electronics' third-quarter operating profit rose nearly ninefold year-on-year to 107.4 trillion won (about 72 billion euros), while revenue reached 195.3 trillion won (about 132 billion euros), both setting records. The company said AI infrastructure construction is driving demand for high-performance memory, especially HBM chips, which are in short supply, and it expects semiconductor demand to continue to significantly exceed supply next year. Despite the record results, Samsung's share price fell as much as 6.2% after the earnings release.

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3. 12:09

   FT TechnologyRelated discussion

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   This post contributes to heat; it is not a formal report or confirmed fact.

4. 10:21

   SiliconANGLE

   Samsung Confirms Record Quarterly Operating Profit for Tech Industry, Driven by AI Memory Chip Demand

   Samsung Electronics confirmed third-quarter operating profit of 107.44 trillion won (about $80.5 billion), a record quarterly profit for the tech industry, with revenue of 195.25 trillion won, up 127% year over year. Profit came mainly from the Device Solutions division responsible for the semiconductor business, which posted revenue of 147.1 trillion won and operating profit of 106.5 trillion won. Samsung expects the global memory chip shortage to deepen in fiscal 2027, and its smartphone business posted an operating loss of 0.6 trillion won for the quarter due to rising memory costs.

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