On October 14 (it's a bit odd to say "on Tuesday" when the date is already given, but if it was originally intended to emphasize the day of the week, we can rephrase it as follows), Samsung Electronics revealed on Tuesday (October 14) that it projects a 32% year - on - year increase in its third - quarter operating profit, outperforming market forecasts. The heightened demand for traditional memory chips has effectively counterbalanced the adverse effects of sluggish sales of high - bandwidth memory chips (HBM). As the global leader in memory chip manufacturing, Samsung expects its operating profit from July to September to hit KRW 12.1 trillion, surpassing LSEG's projection of KRW 10.1 trillion. In the meantime, Samsung forecasts an 8.7% year - on - year revenue growth for the third quarter, with revenue reaching KRW 86 trillion. Samsung is set to disclose detailed financial results later this month, encompassing the profitability of each business unit.
