Samsung's Q2 preliminary profit hits record high for 3rd consecutive quarter-Xinhua

Samsung's Q2 preliminary profit hits record high for 3rd consecutive quarter

Source: Xinhua

Editor: huaxia

2026-07-07 09:33:00

SEOUL, July 7 (Xinhua) -- Samsung Electronics' second-quarter profit hit a record high for a third consecutive quarter amid a soaring demand for semiconductors used in artificial intelligence (AI) chipsets, the company said Tuesday.

The South Korean tech giant's preliminary operating profit reached 89.4 trillion won (58.5 billion U.S. dollars) in the April-June quarter, up 1,810.26 percent from a year earlier.

It beat the market expectations of about 84.2 trillion won (55.1 billion dollars), continuing its record-breaking streak since the fourth quarter of 2025.

The second-quarter profit topped the combined operating profit of 82.87 trillion won (54.2 billion dollars) recorded over the past three years, including 6.57 trillion won (4.3 billion dollars) in 2023, 32.7 trillion won (21.4 billion dollars) in 2024 and 43.6 trillion won (28.5 billion dollars) in 2025.

Samsung's preliminary revenue surged 129.31 percent from a year earlier to hit an all-time high of 171 trillion won (111.9 billion dollars) in the second quarter.

The net income and detailed earnings for each business unit will be unveiled later this month.