Market News / Story
Key facts: Samsung Electronics (005930) Q3 Profit Jumps; Q4 Phone Cuts
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Samsung Electronics (005930) prelim Q3: operating profit ~107.4T KRW, sales ~195.0T KRW. YoY gains ~782.5% op profit, ~126.6% revenue. Cites AI demand in memory/semiconductors. Full results Oct 29. Samsung Electronics (005930) plans Q4 2026 smartphone production cuts of 20–30%. Full-year output now seen just above 200 million units, down from prior target of up to 270 million. PC DRAM hit record prices and NAND rose for 21 months; TrendForce sees further Q4 gains,…