{
  "id": 12735017,
  "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",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-07T23:35:01.000Z",
  "source": {
    "name": "Techmeme",
    "slug": "techmeme",
    "url": "https://www.bloomberg.com/news/articles/2026-10-07/samsung-reaches-new-profit-record-with-memory-chip-windfall"
  },
  "original_language": "en",
  "account": null,
  "summary": "Samsung Electronics has reported a preliminary third-quarter operating profit of approximately $80.1 billion, a 782% increase year-over-year, according to Bloomberg. This figure is slightly lower than the estimated $81.2 billion. The company's revenue for the quarter is estimated to be around $145.7 billion, a 127% increase from the previous year, but lower than expected.\n\nThe Korea Times reports that the operating profit is estimated at 107.4 trillion won, which is equivalent to $80.28 billion. This makes Samsung Electronics the first Korean company to surpass 100 trillion won in quarterly operating profit. The company's revenue for the quarter is estimated to be 195 trillion won.\n\nAccording to Yonhap News, the strong performance is attributed to the high demand for semiconductors related to artificial intelligence. The company's device solutions unit, which includes the semiconductor segment, is believed to have accounted for a dominant share of the earnings. Samsung Electronics will announce its full earnings results later this month.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 6,
    "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": "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": "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."
}