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Samsung Q3 Profit Projected to Soar 782% to Record $80 Billion
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Moneycontrol•08-10-2026, 06:02
Samsung Q3 Profit Projected to Soar 782% to Record $80 Billion
- •Samsung Electronics forecasts a 780 percent surge in Q3 operating profit, reaching an estimated 107.4 trillion won or $80.1 billion.
- •The massive growth is driven by high memory chip prices and surging global demand for artificial intelligence data centres.
- •Revenue is expected to rise 127 percent to 195 trillion won, marking four consecutive quarters of record-breaking sales and profit.
- •Analysts predict even stronger earnings next year as Samsung ramps up production of next-generation HBM4 memory chips.
- •Samsung recently agreed to bonus deals for domestic employees following profit-sharing demands, while Micron faces potential strikes in Taiwan.
Key Questions Answered
Samsung Electronics forecast a third-quarter operating profit of 107.4 trillion won, which is approximately $80.1 billion. This represents a 782.5 percent increase from the previous year, driven by high memory chip prices due to global AI-fueled demand.
Samsung is expected to release its final quarterly earnings report at the end of October. Prior to that, the company planned to provide its preliminary results on Thursday.
Samsung averted a strike in South Korea by agreeing to distribute bonuses equivalent to 10.5 percent of its operating profit to semiconductor employees. This agreement made around 78,000 workers eligible for a bonus of roughly $370,000 each this year.
