Technology
Samsung guides to a record 107.4 trillion won quarterly profit on AI memory demand
Samsung Electronics estimated third-quarter operating profit of 107.4 trillion won, about $80bn, up 782.5 per cent from a year earlier, the first time a South Korean company has cleared 100 trillion won in a single quarter. Revenue rose 126.6 per cent to 195 trillion won and the operating margin reached a record 55.1 per cent, driven by memory prices that AI infrastructure spending keeps pushing higher. The preliminary guidance, filed on 8 October, topped the Yonhap Infomax consensus of roughly 105.75 trillion won. Samsung publishes full results on 29 October.