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(LEAD) Samsung's Q3 operating profit reaches new high of 107.4 tln won

Samsung's Q3 operating profit hit a record 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. Key numbers: Operating profit 107.4 trillion won (US$79.8 billion), up 782.5 percent year over year. Revenue estimated at 195 trillion won, up 126.6 percent. Why it matters: It would be the first quarterly operating profit above 100 trillion won for a South Korean company, with observers expecting favorable conditions through next year and about 550 trillion won in operating profit next year.
Samsung Electronics estimated third-quarter operating profit at 107.4 trillion won, a quarterly record, on strong AI-related semiconductor demand.
It would be the first quarterly operating profit above 100 trillion won for a South Korean company, with observers expecting favorable conditions through next year and about 550 trillion won in operating profit next year.
Sources