Samsung Electronics has announced its earnings guidance for the third quarter of 2026, covering July to September. Samsung said its consolidated sales for the period were approximately KRW 195 trillion ($145.33 billion), while consolidated operating profit was approximately KRW 107.40 trillion ($80 billion).
In comparison, Samsung's consolidated sales for the second quarter of 2026 (April to June) were worth KRW 171.5 trillion ($127.78 billion), while the operating profit was KRW 89.49 trillion ($66.68 billion). In Q3 2025, Samsung had consolidated sales worth KRW 86.06 trillion ($64.13 billion) and operating profit of KRW 12.17 trillion ($9.06 billion).
The record surge in Samsung's Q3 2026 profit comes amid soaring demand for memory chips driven by growing AI use. However, a recent South Korean media report says Samsung's Mobile eXperience (MX) division has begun cutting smartphone production for Q4 2026, with reductions of up to 30% expected.
An industry source said Samsung smartphones aren't making any profit when sold because of rising memory and semiconductor prices.
Source: GSMArena · Summarized by HeadlinesBriefing