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Samsung expects Q4 operating profit to triple to record high on chip shortage
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Samsung expects Q4 operating profit to triple to record high on chip shortage
Mar 10, 2026 11:58 PM

SEOUL, Jan 8 (Reuters) - Samsung Electronics on Thursday projected a three-fold jump in fourth-quarter operating profit from a ‌year earlier to a record high ​as tight supply and a surge ‍in artificial intelligence-driven demand ⁠stoked ⁠prices for conventional memory chips.

The world's largest ‌memory chipmaker estimated ​an operating profit of 20 trillion won ($13.82 billion) ⁠for the October-December ‍period, ​beating an LSEG SmartEstimate of 18 trillion won, a regulatory ‍filing showed.

The operating profit is a new quarterly record, topping its previous high of 17.6 trillion won in the third ​quarter ‍of 2018.

The company expects revenue to rise 23% to ​a record 93 trillion won from a year earlier.

Samsung plans to release detailed results, including a breakdown of earnings for each of ​its business divisions on January 29.

($1 = 1,446.9800 won)

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