{
  "id": 16999463,
  "title": "(3rd LD) Samsung Electronics posts record profit in Q3, with memory biz on roll amid AI supercycle",
  "url": "https://urgent.news/2026/10/29/3rd-ld-samsung-electronics-posts-record-profit-in-q3-with-memory-biz",
  "topic": "ai",
  "section": "AI",
  "published": "2026-10-29T03:08:36.000Z",
  "source": {
    "name": "Yonhap News",
    "slug": "yonhap-news",
    "url": "https://en.yna.co.kr/view/AEN20261029002653320"
  },
  "original_language": "en",
  "account": "Samsung Electronics announced a record third-quarter net profit of 75.13 trillion won, a staggering 514.6 percent increase from the previous year. The surge was primarily driven by the memory business, which generated the majority of the company's operating profits. Operating profit for the quarter soared 783.1 percent year-over-year to 107.44 trillion won, while revenue climbed 126.9 percent to 195.25 trillion won. This marks Samsung's fourth consecutive quarter of record profit, beginning in the fourth quarter of 2025. The company's semiconductor division accounted for 99.1 percent of total operating profit, with sales of sixth-generation high-bandwidth memory 4 (HBM4) chips surging more than threefold in the period. Samsung's HBM4 chip sales surpassed its overall DRAM market share goal in the third quarter, achieving the company's target earlier than expected. Analysts had predicted Samsung's net profit to be around 87.01 trillion won. Despite the impressive results, Samsung's device experience division, which oversees its consumer electronics and mobile device businesses, reported a second consecutive quarterly operating loss of 800 billion won. The loss was attributed to higher component costs and a challenging market environment. Nevertheless, Samsung remains optimistic about the long-term prospects of the AI market and plans to focus on profitability by expanding sales of premium products during the year-end peak shopping season.",
  "summary": "SEOUL, Oct. 29 (Yonhap) -- Samsung Electronics Co. said Thursday its third-quart...",
  "key_points": [
    "Samsung Electronics reports record Q3 profit of 75.13 trillion won, a 514.6% increase",
    "Memory business drives profit surge, operating profit up 783.1% year-over-year",
    "HBM4 chip sales exceed DRAM market share goal, surpassing 2025 target"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 9,
    "also_reported_by": [
      {
        "outlet": "CNA - Business",
        "title": "Samsung posts record profit in Q3 on AI chip boom",
        "url": "https://urgent.news/2026/10/29/samsung-posts-record-profit-in-q3-on-ai-chip-boom",
        "published": "2026-10-29T00:57:41.000Z"
      },
      {
        "outlet": "The Business Times - Companies & Markets",
        "title": "Samsung posts record profit in Q3 on AI chip boom",
        "url": "https://urgent.news/2026/10/29/samsung-posts-record-profit-in-q3-on-ai-chip-boom-16992589",
        "published": "2026-10-29T01:21:00.000Z"
      },
      {
        "outlet": "Straits Times Business",
        "title": "Samsung posts record profit in Q3 on AI chip boom",
        "url": "https://urgent.news/2026/10/29/samsung-posts-record-profit-in-q3-on-ai-chip-boom-16994609",
        "published": "2026-10-29T01:46:00.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "Samsung posts record profit in Q3 on AI chip boom",
        "url": "https://urgent.news/2026/10/29/samsung-posts-record-profit-in-q3-on-ai-chip-boom-16990050",
        "published": "2026-10-29T01:48:17.000Z"
      },
      {
        "outlet": "SiliconANGLE",
        "title": "Samsung confirms record-breaking operating profit on soaring AI memory chip demand",
        "url": "https://urgent.news/2026/10/29/samsung-confirms-record-breaking-operating-profit-on-soaring-ai",
        "published": "2026-10-29T02:21:08.000Z"
      },
      {
        "outlet": "Tech in Asia",
        "title": "Samsung Q3 net profit hits $56b on AI chip demand",
        "url": "https://urgent.news/2026/10/29/samsung-q3-net-profit-hits-56b-on-ai-chip-demand",
        "published": "2026-10-29T02:49:15.000Z"
      },
      {
        "outlet": "Business Recorder",
        "title": "Samsung posts record profit in Q3 on AI chip boom",
        "url": "https://urgent.news/2026/10/29/samsung-posts-record-profit-in-q3-on-ai-chip-boom-17004318",
        "published": "2026-10-29T03:10:24.000Z"
      },
      {
        "outlet": "RTHK News - Finance",
        "title": "Samsung profits up a record 780pc despite AI jitters",
        "url": "https://urgent.news/2026/10/29/samsung-profits-up-a-record-780pc-despite-ai-jitters",
        "published": "2026-10-29T04:10:22.000Z"
      }
    ]
  },
  "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."
}