{
  "id": 12734162,
  "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",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-07T23:14:57.000Z",
  "source": {
    "name": "Yonhap News",
    "slug": "yonhap-news",
    "url": "https://en.yna.co.kr/view/AEN20261008000951320"
  },
  "original_language": "en",
  "account": "Samsung Electronics reported its third-quarter operating profit estimate at over 107 trillion won (US$79.8 billion) on Thursday, setting a new quarterly record. The surge in profit was primarily driven by robust demand for semiconductors used in artificial intelligence (AI) applications. Operating profit for the July-September period is projected to total 107.4 trillion won, marking a staggering 782.5 percent increase compared to the same period last year. The estimate surpassed market expectations by 1.6 percent, according to financial data provider Yonhap Infomax. Revenue for the quarter is estimated to have risen by 126.6 percent from a year ago to 195 trillion won. Net profit figures have not been disclosed in the earnings guidance. If validated, Samsung Electronics would have achieved record quarterly revenue and operating profit for the fourth consecutive quarter since the final quarter of 2025, and would become the first South Korean company to report a quarterly operating profit exceeding 100 trillion won. The strong performance is largely attributed to the growing global investment in AI infrastructure, which has intensified the semiconductor supply shortage and driven up memory chip prices. Industry analysts expect favorable market conditions to persist through the next year. Samsung Electronics is among the primary beneficiaries of the AI supercycle, thanks to its position as the world's largest memory chip producer. The company has also begun mass production and shipments of sixth-generation high bandwidth memory (HBM4) chips, which are anticipated to significantly boost earnings next year. However, the device experience unit, which oversees Samsung's consumer electronics and mobile businesses, is expected to deliver relatively weaker results. The company will disclose its final earnings report later this month.",
  "summary": "SEOUL, Oct. 8 (Yonhap) -- Samsung Electronics Co. on Thursday estimated its thir...",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 6,
    "also_reported_by": [
      {
        "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": "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",
        "published": "2026-10-07T23:32:03.000Z"
      },
      {
        "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 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."
}