Overview
- Samsung said on Thursday it expects operating profit of about 107.4 trillion won for July–September and revenue near 195 trillion won, marking its fourth straight quarter of record results.
- The jump is almost entirely tied to strong sales of memory used in AI infrastructure, especially high‑bandwidth memory (HBM) and the ramp of HBM4, which raised Samsung’s HBM share significantly.
- Market reaction was muted as analysts had trimmed forecasts since August and a stronger South Korean won reduced the won value of dollar‑priced chip sales.
- Industry estimates indicate the Device Solutions (semiconductor) unit produced nearly all the quarter’s profit while Samsung’s mobile, display and some foundry/System LSI businesses remained under pressure and likely loss‑making.
- Investors will look for divisional detail, shareholder‑return plans and clearer guidance on HBM and foundry ramps when Samsung publishes full Q3 results on Oct. 29, which will show whether current memory pricing and demand are sustainable.