Samsung Electronics recently forecast a record-breaking Q2 quarterly operating profit and a revenue of more than KRW171 trillion ($113 billion). This increase has been driven by the global demand for AI memory chips.
The company expects average operating profit of KRW89.4 trillion compared with KRW4.7 billion in Q2 2025.
This is a 19-fold increase, as demand for semiconductors driven by the AI boom continues to outstrip supply. Samsung’s operating profit has now risen to record levels for three quarters in a row.
Revenue is forecast to be more than double the KRW74.6 trillion recorded in Q2 2025.
Samsung is due to release its full results later this month.
The company has been one of the biggest beneficiaries of the demand for AI infrastructure, with its shares doubling over the past year to lift its market capitalisation past the $1 trillion mark.
Last week, Samsung and fellow South Korean player SK Hynix announced plans to lead a domestic semiconductor and AI investment programme worth around $1 trillion.
SK Hynix launched an IPO in the US yesterday (6 July), seeking to raise KRW43 trillion.
Source: Mobile World Live
Image Credit: Samsung
Source: Tahawul Tech