Samsung's Operating Profit Hit a Record $80 Billion. Like Micron's Memory Prices, Its Growth Is Slowing.

Published October 8, 2026 · Category: Finance

Overview

Samsung Electronics (OTC:SSNLF) is still setting profit records. Its preliminary results, released early Thursday in Seoul, put third-quarter operating profit at around 107.4 trillion won, or about $80 billion.

That's up 20% from the second quarter, when Samsung set its previous record of 89.5 trillion won. And it's almost nine times the 12.2 trillion won the company made a year ago. Samsung had never earned over 100 trillion won in one quarter before.

Details

Ahead of the report, I argued that the number to worry about for Micron Technology (NASDAQ:MU) was a profit figure back around the second quarter's level. Samsung didn't get close to that.

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Source

Originally published at www.fool.com.

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