Samsung Electronics reported record third-quarter revenue and operating profit on October 29 in South Korea, as demand for artificial-intelligence memory chips drove results while its consumer-device division lost money.
The company reported consolidated revenue of 195.3 trillion won, up 14% from the preceding quarter, and operating profit of 107.4 trillion won for the three months ended September 30. The announcement became available on October 28 U.S. time.
Samsung's Device Solutions division generated 147.1 trillion won in revenue and 106.5 trillion won in operating profit. The company attributed its memory business's performance to a product mix focused on AI applications, higher market prices and increased sales of HBM4 memory and server solid-state drives.
The Device eXperience division, which includes consumer products, reported an operating loss of 0.8 trillion won despite an 8% sequential increase in revenue. Samsung cited cost pressures in mobile devices and appliances, along with weaker results in some display-related businesses.
Yonhap separately reported net profit of 75.13 trillion won, citing a regulatory filing. Net profit and operating profit are different measures; the stronger operating result should not be described as bottom-line earnings.
Samsung said capital expenditure reached 29 trillion won during the quarter, bringing January–September investment to 56.9 trillion won. It forecast approximately 84.4 trillion won in full-year capital spending.
Management expects continued AI infrastructure investment to support memory demand in the fourth quarter. Those expectations remain forecasts, alongside the completed quarterly results.
Sources Samsung Electronics quarterly results, October 29, 2026, South Korea. Yonhap News Agency, October 29, 2026.