(2nd LD) Samsung's Q3 operating profit reaches new high of 107.4 tln won

What happened: Samsung Electronics estimated third-quarter operating profit at 107.4 trillion won, a quarterly record, on strong AI-related semiconductor demand, per its earnings guidance. Key numbers: Operating profit 107.4 trillion won, up 782.5 percent year over year and 1.6 percent above the average market forecast. Why it matters: It would be the first quarterly operating profit above 100 trillion won for a South Korean company, and industry observers expect favorable conditions to continue at least through next year, with 2026 operating profit seen around 550 trillion won.

Samsung Electronics estimated third-quarter operating profit at 107.4 trillion won, a quarterly record, on strong AI-related semiconductor demand, per its earnings guidance.

It would be the first quarterly operating profit above 100 trillion won for a South Korean company, and industry observers expect favorable conditions to continue at least through next year, with 2026 operating profit seen around 550 trillion won.