{
  "id": 12734063,
  "title": "Samsung Electronics 1st Korean firm to top W100 tril. in quarterly operating profit",
  "url": "https://urgent.news/2026/10/07/samsung-electronics-1st-korean-firm-to-top-w100-tril-in-quarterly",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-07T23:32:03.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times",
    "url": "https://www.koreatimes.co.kr/business/companies/20261008/samsung-electronics-1st-korean-firm-to-top-w100-tril-in-quarterly-operating-profit"
  },
  "original_language": "en",
  "account": "Samsung Electronics has become the first Korean company to report operating profits exceeding 100 trillion won ($80.28 billion) in a single quarter, according to a recent estimate. In a regulatory filing, the tech giant projected its third-quarter operating profit to be 107.4 trillion won and revenue to reach 195 trillion won. This would represent a staggering year-on-year increase of 782.5 percent in operating profit and 126.6 percent in sales compared to the previous quarter.\n\nThe projected operating profit surpassed the consensus estimate of 106.64 trillion won set by financial analysts. However, sales slightly fell short of the forecasted 200.64 trillion won. Despite concerns that the sharp appreciation of the Korean won against the US dollar could negatively impact profitability, Samsung Electronics' earnings still managed to outperform expectations. While the company does not provide earnings estimates by business division in its preliminary guidance, memory chips are believed to be the primary driver behind the impressive figures.",
  "summary": "Samsung Electronics on Thursday estimated 107.4 trillion won ($80.28 billion) in operating profit for the third quarter, becoming the first Korean company to surpass 100 trillion won in quarterly operating profit. In a regulatory filing, the company said its third-quarter operating profit and revenue are each estimated at 107.4 trillion won and 195 trillion won. If the figures are finalized when…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 7,
    "also_reported_by": [
      {
        "outlet": "Yonhap News",
        "title": "(LEAD) Samsung's Q3 operating profit reaches new high of 107.4 tln won",
        "url": "https://urgent.news/2026/10/07/lead-samsungs-q3-operating-profit-reaches-new-high-of-107-4-tln-won",
        "published": "2026-10-07T23:14:57.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "Samsung Q3 profit surges to record high, but misses lofty expectations",
        "url": "https://urgent.news/2026/10/07/samsung-q3-profit-surges-to-record-high-but-misses-lofty-expectations",
        "published": "2026-10-07T23:21:27.000Z"
      },
      {
        "outlet": "Free Malaysia Today",
        "title": "Samsung reaches new profit record with memory chip windfall",
        "url": "https://urgent.news/2026/10/07/samsung-reaches-new-profit-record-with-memory-chip-windfall",
        "published": "2026-10-07T23:29:41.000Z"
      },
      {
        "outlet": "Techmeme",
        "title": "Samsung reports preliminary Q3 operating profit up 782% YoY to ~$80.1B, vs. ~$81.2B est., and revenue up 127% to ~$145.7B, lower than expected (Yoolim Lee/Bloomberg)",
        "url": "https://urgent.news/2026/10/07/samsung-reports-preliminary-q3-operating-profit-up-782-yoy-to-80-1b",
        "published": "2026-10-07T23:35:01.000Z"
      },
      {
        "outlet": "The Korea Times",
        "title": "Samsung Electronics 1st Korean firm to top W100 tril. in quarterly operating profit",
        "url": "https://urgent.news/2026/10/07/samsung-electronics-1st-korean-firm-to-top-w100-tril-in-quarterly-12737599",
        "published": "2026-10-07T23:47:02.000Z"
      },
      {
        "outlet": "The Business Times - Companies & Markets",
        "title": "Samsung reaches new profit record with memory chip windfall",
        "url": "https://urgent.news/2026/10/08/samsung-reaches-new-profit-record-with-memory-chip-windfall",
        "published": "2026-10-08T01:04:18.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}