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Samsung expects record profit of 71.7 billion euros in the third quarter
Publication: ECO
Author: Lusa
Source published: 08/10/2026, 06:39:36 UTC
Briefing created: 05/11/2026, 19:52:48 UTC
Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 08/10/2026, 06:41:24 UTC.
Briefings
Samsung Electronics reported a quarterly operational profit of 71.7 billion euros, nearly nine times higher than the previous year's 8.145 billion euros, driven by a semiconductor AI boom. The company expects revenue to reach 130.18 billion euros in Q3 2026, up from 53.4 billion euros in the same period last year, while operating profit grew 20.01% to 59.74 billion euros. The stock fell 0.28% in the first trading hour of the Seoul stock exchange.
Key points
- Samsung Electronics reported a quarterly operational profit of 71.7 billion euros, nearly nine times higher than the previous year's 8.145 billion euros, driven by a semiconductor AI boom.
- The company expects revenue to reach 130.18 billion euros in Q3 2026, up from 53.4 billion euros in the same period last year, while operating profit grew 20.01% to 59.74 billion euros.
Context
Samsung Electronics, a South Korean technology giant, reported a significant quarterly operational profit increase driven by global demand for semiconductors for artificial intelligence. The findings are based on internal estimates and do not include final financial results or dividend information.
Limitations
The evidence is limited to internal estimates and does not include final financial results or dividend information. The stock market reaction is not fully explained, and the company did not disclose data by business segment.
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