{
  "id": 16841581,
  "title": "(LEAD) Samsung Electro-Mechanics logs record profit in Q3 on AI boom",
  "url": "https://urgent.news/2026/10/28/lead-samsung-electro-mechanics-logs-record-profit-in-q3-on-ai-boom",
  "topic": "ai",
  "section": "AI",
  "published": "2026-10-28T03:47:05.000Z",
  "source": {
    "name": "Yonhap News",
    "slug": "yonhap-news",
    "url": "https://en.yna.co.kr/view/AEN20261028006051320"
  },
  "original_language": "en",
  "account": "Samsung Electro-Mechanics, a subsidiary of Samsung Electronics, reported a record-breaking third-quarter performance fueled by the surge in artificial intelligence (AI) demand. The electronic components manufacturer revealed that its operating profit in Q3 surged by an impressive 165.5% year-over-year, reaching 691 billion won ($516 million). Revenue for the period also saw a significant 30.3% increase, reaching 3.76 trillion won, setting a new quarterly record.\n\nThe company's success can be predominantly attributed to heightened sales of multilayer ceramic capacitors (MLCCs) used in AI data centers, including servers and network equipment, as well as automotive applications. Samsung Electro-Mechanics also saw growth in its component business across multiple application areas, mainly driven by AI-related products. Furthermore, sales of flip-chip ball grid array substrates for AI data centers and automotive sectors experienced an upward trend.\n\nIn addition to increased MLCC shipments, the company reported a rise in camera module deliveries for next-generation electric vehicle (EV) platforms. Samsung Electro-Mechanics is actively working to honor long-term MLCC supply agreements with leading global technology entities and aims to solidify its market position by developing innovative products. The company also intends to meet the growing customer demand for package substrates used in AI data centers and broaden its sales by supplying camera modules for the latest EV platforms.",
  "summary": "SEOUL, Oct. 28 (Yonhap) -- Samsung Electro-Mechanics Co., an electronic componen...",
  "key_points": [
    "Samsung Electro-Mechanics reports record Q3 profit of 691 billion won",
    "AI demand surge drives 165.5% YoY operating profit increase",
    "MLCC shipments and EV camera modules contribute to revenue growth"
  ],
  "editors_take": "The surge in artificial intelligence infrastructure demand transforms specialized component manufacturing into a high-growth engine for the company as data center and automotive sectors drive record profitability.",
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "Samsung Electro-Mechanics Q3 profit surges 166% on AI demand; shares surge",
        "url": "https://urgent.news/2026/10/28/samsung-electro-mechanics-q3-profit-surges-166-on-ai-demand-shares",
        "published": "2026-10-28T05:19:00.000Z"
      },
      {
        "outlet": "Tech in Asia",
        "title": "Samsung Electro-Mechanics Q3 profit soars 165% on AI demand",
        "url": "https://urgent.news/2026/10/28/samsung-electro-mechanics-q3-profit-soars-165-on-ai-demand",
        "published": "2026-10-28T05:29:22.000Z"
      }
    ]
  },
  "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."
}