{
  "id": 12737599,
  "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",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-07T23:47:02.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times-koreatimes",
    "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 set a new milestone as the first Korean company to achieve a quarterly operating profit of over 100 trillion won ($80.28 billion) for the third quarter. The company estimates its operating profit at 107.4 trillion won and revenue at 195 trillion won, marking a substantial year-on-year increase of 782.5 percent in operating profit and 126.6 percent in sales compared to the previous quarter. This impressive figure surpassed analyst expectations, which had projected 106.64 trillion won in operating profit, while sales fell short of the 200.64 trillion won forecast. Despite concerns over the Korean won's sharp appreciation against the U.S. dollar, which could have negatively impacted profitability, Samsung Electronics' earnings demonstrate its ability to surpass market expectations. Memory chips are believed to be the primary driver behind this remarkable performance.",
  "summary": "Samsung Electronics has set a new record, becoming the first Korean company to achieve a quarterly operating profit of over 100 trillion won. The tech giant has estimated its third-quarter operating profit at 107.4 trillion won, surpassing the 782.5 percent year-on-year increase in operating profit and the 126.6 percent increase in sales from the previous quarter. Despite concerns about the sharp appreciation of the Korean won against the US dollar, which could have negatively impacted profitability, Samsung Electronics' earnings estimates exceeded brokerages' consensus expectations. Memory chips are believed to be the primary driver behind this impressive financial performance.",
  "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": "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."
}