Samsung set for record W100tr quarterly profit on memory boom

What happened: Analysts expect Samsung Electronics to report record third-quarter operating profit, with memory chip gains offsetting weakness in consumer electronics. Why it matters: Profit above 100 trillion won would rank among the largest quarterly totals worldwide. Foundry and System LSI are expected to stay in the red, with the foundry head citing 2028 as the target for profitability, and the DX division is seen posting a wider loss.

Analysts expect Samsung Electronics to report record third-quarter operating profit, with memory chip gains offsetting weakness in consumer electronics.

Profit above 100 trillion won would rank among the largest quarterly totals worldwide. Foundry and System LSI are expected to stay in the red, with the foundry head citing 2028 as the target for profitability, and the DX division is seen posting a wider loss.