
Samsung Electronics today released its third-quarter earnings forecast, signaling a strong rebound and significantly exceeding market expectations. Driven by a recovery in its flagship semiconductor business, the company expects operating profit to reach 12.1 trillion won (60.597 billion yuan) in the third quarter, a 31.8% year-on-year increase and more than double the previous quarter's figure, reaching a three-year high. This figure significantly surpasses the consensus estimate of 9.742 trillion won in a FactSet survey of analysts, highlighting Samsung's strong performance in the semiconductor sector.
Meanwhile, Samsung's third-quarter revenue is expected to grow 8.7% to 86 trillion won (430.688 billion yuan), also a record high. This growth is primarily driven by a rebound in memory chip demand and a stable performance in the high-end smartphone market. Analysts believe that the cyclical recovery in the global semiconductor market was a key factor driving Samsung's performance above expectations, while the company's continued investment in technology R&D and capacity optimization also bolstered its competitiveness.
Samsung Electronics' impressive performance not only reflects the resilience of its business structure but also provides a positive signal for the recovery of the global technology industry.