Samsung Electronics posted a record operating profit of 107.4 trillion won, approximately $80 billion, in Q3 2026, up 782.5% year-over-year, becoming the first South Korean company to surpass 100 trillion won in operating profit in a single quarter. The Device Solutions division, which encompasses semiconductors, generated nearly all the profit, with high-bandwidth memory (HBM) chips for AI accelerators serving as the primary growth driver. Samsung’s HBM market share rose from 21% to 33% according to Counterpoint. Revenue reached 195 trillion won, a 126.6% year-over-year increase. This quarter marks Samsung’s fourth consecutive record for operating profit, as the company benefits from a persistent memory shortage driving prices up, a phenomenon the industry has dubbed chipflation.
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