Samsung’s Profit Reaches a Record Level!
According to the company’s preliminary third-quarter results, operating profit is expected to reach 107.4 trillion won, or approximately $80.2 billion.
Samsung Electronics is preparing to achieve record earnings amid strong demand for artificial intelligence. According to the company’s preliminary third-quarter results, operating profit is expected to reach 107.4 trillion won, or approximately $80.2 billion. This would mark the first time in Samsung’s history that its operating profit has exceeded 100 trillion won.
The company’s operating profit is forecast to increase by 782% year-on-year, while revenue is expected to reach approximately 195 trillion won. Revenue is projected to rise 127% annually. Despite the record results, Samsung shares fell 0.7% on Thursday morning. Analysts said the company’s results did not fully meet high market expectations.
Growing investments in artificial intelligence are driving demand for memory chips. In particular, the increasing adoption of AI agents that require more memory could help keep demand in the chip market strong in the future.