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Samsung projects record quarterly profit of eighty billion dollars

Strong demand for artificial intelligence chips propelled preliminary operating profit past one hundred trillion won.

The short version

  • Samsung Electronics reported preliminary third-quarter operating profit of 107.40 trillion won ($80.2 billion), jumping 782% from a year earlier.[CNBC]
  • Quarterly revenue rose approximately 127% year-on-year to roughly 195 trillion won.[CNBC]
  • The performance marks Samsung's fourth consecutive quarter of record earnings as artificial intelligence infrastructure expands.[BBC News]
  • Detailed earnings results and divisional performance breakdowns will be released later this month.[CNBC]

Key facts

  • Samsung reported preliminary third-quarter operating profit of 107.40 trillion won ($80.2 billion), exceeding 100 trillion won for the first time.[BBC News · CNBC]
  • The preliminary operating profit represents a 782% surge compared to the same period the previous year.[CNBC]
  • Samsung's quarterly revenue climbed roughly 127% year-on-year to approximately 195 trillion won.[CNBC]
  • The quarter represents Samsung's fourth straight quarter of record earnings.[BBC News]
  • Samsung announced a strategic agreement in September with Mistral AI to use the French startup's models in semiconductor operations.[CNBC]

What remains uncertain

  • Specific profit and revenue contributions across Samsung's individual business divisions will remain unknown until full earnings are published later this month.[BBC News · CNBC]

Sources

Outlet counts describe coverage, not independent confirmation. Reports may share a wire service or original source.