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SAMSUNG'S Q3 PROFIT JUMPS 782% ON MEMORY BOOM

SAMSUNG'S Q3 PROFIT JUMPS 782% ON MEMORY BOOM

Samsung Electronics guided third-quarter operating profit to a record 107.4 trillion won ($80 billion), an increase of 782.5% from a year earlier, as AI-driven demand for memory chips reshapes its earnings. Revenue grew far slower over the same period, up 126.6%, underscoring how much of the jump came from margin expansion rather than volume. $SSNLF confirmed the preliminary figures in a guidance release, with full results due later this month.

@55 Markets·1h ago·Source: koreaherald.com
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