- Samsung Electronics reported third-quarter earnings on Thursday, with operating profit broadly in line with analysts' estimates
- Operating profit jumped 783.11% year on year from 107.44 trillion won.
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Follow your favorite stocksCREATE FREE ACCOUNTThe Samsung logo, representing the South Korean multinational manufacturing conglomerate, the largest chaebol of South Korea, and the world's largest information technology company, consumer electronics maker, chipmaker, and smartphone manufacturer, appears on their pavilion during the Mobile World Congress 2025 in Barcelona, Spain, on March 5, 2025. (Photo by Joan Cros/NurPhoto via Getty Images)Nurphoto | Nurphoto | Getty ImagesSouth Korean tech giant Samsung Electronics on Thursday reported third-quarter operating profit that is broadly in line with analysts' expectations, as demand for advanced memory chips used in artificial intelligence applications continued to grow.
Here are Samsung's third-quarter results compared with LSEG SmartEstimates, which are weighted toward forecasts from analysts who are more consistently accurate:
- Revenue: 195.25 trillion won vs. 195.79 trillion won expected
- Operating profit: 107.44 trillion won vs. 107.66 trillion won expected
Samsung's revenue rose 126.88% year-on-year and 13.85% from the previous quarter, while operating profit rose 783.11% from a year earlier.
During the third quarter, Samsung Electronics and five of its affiliates announced a combined $1 billion investment in KKR-backed Helix Digital Infrastructure. Samsung Electronics will invest $500 million, with the remaining amount coming from its affiliates.
Samsung also announced a partnership with French AI startup Mistral AI to use AI technologies in its semiconductor operations, including chip design and manufacturing. The company also led Mistral's Series D funding round.
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