Samsung Posts Record Q3 With $146B Revenue and $80B Operating Profit, Up 783% YoY on AI Memory
Summary
Samsung reported Q3 operating profit of 107.4T won (~$80.5B), up 783% YoY, becoming the first tech company to top 100T won in a single quarter. Consolidated revenue hit roughly 195T won (~$146.3B), more than doubling YoY. HBM shipments by capacity jumped nearly 50% QoQ with HBM4 tripling and now accounting for 60% of HBM sales as AI accelerator demand outpaces supply.
Originally reported by cnbc.com
Read the original article →Original headline: Samsung Posts Record Q3 With $146B Revenue and $80B Operating Profit, Up 783% YoY on AI Memory