Details
📈 Record Quarter: Samsung posted an operating profit of 12.1 trillion won (about 8.5 billion USD) in Q3 — its best result since 2022 and well above analyst forecasts.
🧠 Artificial Intelligence, Real Profits: Demand for memory chips used in data centers and AI systems remains massive. DRAM and NAND chip prices rose more than 170% year over year.
🏭 Catching Up in High-Performance Chips: While SK Hynix still leads in high-bandwidth memory (HBM), Samsung is closing the gap. The company already supplies AMD and OpenAI and is awaiting approval of its new HBM3E chips for Nvidia.
📱 Strong Supporting Roles: The smartphone business continues to perform well, with new foldables and premium models boosting margins and demand.
💹 Investors on a Buying Spree: Samsung’s shares have climbed around 75% since the start of the year, as investors bet the company will remain one of the key winners of the AI era.
Big Picture
Samsung remains the backbone of the global semiconductor industry. Every leap in AI drives even higher demand for memory, and after years of supply challenges and technological lag, the Korean giant is making a powerful comeback.
The China Survival Guide for Western Businesses
Entity setup, WeChat strategy, hiring your first local team. 12+ years on the ground in Shanghai.
