Samsung: Q2 operating profit expected to rise 19-fold

(Il Sole 24 Ore Radiocor) - According to preliminary results, South Korean giant Samsung Electronics saw its operating profit increase 19-fold in the second quarter of 2026, driven by the global boom in demand for semiconductors used in artificial intelligence (AI). Operating profit for the April–June period is forecast at around 89,400 billion won (51 billion euros), representing a year-on-year increase of 1,810.3 per cent, the group stated in a filing with the regulatory authorities.

Strong global demand for advanced memory chips used in AI data centres is benefiting leading South Korean manufacturers, who are posting record profits and driving the country’s economic growth. This figure exceeds market forecasts by 6.2 per cent and marks a new quarterly record, according to the South Korean news agency Yonhap, which cites its own data analysis firm.

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