Samsung Electronics said in its preliminary third-quarter earnings report that operating profit is expected to exceed 100 trillion won for the first time, equivalent to about $80 billion. The company described the result as a record and said the performance was driven mainly by the artificial intelligence boom. The update was carried by Techub News, citing CNBC. The figures were presented as an early earnings estimate for the quarter rather than a full results release. Based on the company’s statement, the expected profit level would mark a first for Samsung Electronics and place the quarter among its strongest on record. No additional financial details were provided in the source text beyond the operating profit estimate and the company’s explanation that AI demand was the main factor behind the projected result.
Samsung Electronics said in its preliminary third-quarter earnings report that operating profit is expected to exceed 100 trillion won for the first time, or about $80 billion.
The company said the record result was driven mainly by the artificial intelligence boom. CNBC carried the report, according to Techub News.
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