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By Kim Han-joo
SEOUL, Oct. 29 (Yonhap) -- Samsung Electronics Co. said Thursday its third-quarter net profit jumped more than sixfold from a year earlier as strong demand for artificial intelligence (AI)-related semiconductors boosted earnings.
Net profit for the July-September period came to 75.13 trillion won (US$56.2 billion), up 514.6 percent from 12.22 trillion won a year earlier, the world's largest memory chipmaker said in a regulatory filing.
Operating profit surged 783.1 percent on-year to 107.44 trillion won, while revenue rose 126.9 percent to 195.25 trillion won.
Samsung Electronics posted record quarterly revenue and operating profit for the fourth consecutive quarter, extending a streak that began in the fourth quarter of 2025.
This file photo shows Samsung Electronics Co.'s main building in southern Seoul. (Yonhap)
khj@yna.co.kr
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Source: Yonhap News · Kim Han-joo
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