{
  "id": 16853633,
  "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",
  "topic": "ai",
  "section": "AI",
  "published": "2026-10-28T05:19:00.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/earnings/samsung-electromechanics-q3-profit-surges-166-on-ai-demand-shares-surge-4977485"
  },
  "original_language": "en",
  "account": "Samsung Electro-Mechanics experienced an extraordinary surge in profits during the third quarter, marking a remarkable 166% increase, driven by the surging demand for artificial intelligence (AI) components. The company's Q3 revenue hit an all-time high of 3.763 trillion won ($2.64 billion), while operating profit soared to 691 billion won ($484 million), both figures representing a substantial 30% and 166% rise, respectively, compared to the same period last year. Operating margin expanded by 9.4 percentage points, reaching 18.4%, as the net income jumped by 113% to 468.7 million won.\n\nMultilayer ceramic capacitors and semiconductor package substrates were the chief factors behind this impressive growth, compensating for a dip in camera module revenues. Samsung Electro-Mechanics, a leading global supplier of electronic components, anticipates that AI data center demand will remain robust in the forthcoming quarters. The company has also committed to signing long-term supply agreements with key tech giants to maintain this upward trajectory.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Yonhap News",
        "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",
        "published": "2026-10-28T03:47:05.000Z"
      },
      {
        "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."
}