On July 8, Nomura Securities analysts Eon Hwang and YJ Kim believe that despite Samsung Electronics' massive earnings, its stock price remains undervalued compared to its peers. According to analysts' estimates, if Samsung had set aside approximately KRW 20 trillion in special bonus provisions in the first half of the year, its second-quarter operating profit could have reached around KRW 110 trillion. Samsung's preliminary earnings report indicates an expected operating profit of about KRW 89 trillion, higher than Nomura's estimate of KRW 76 trillion. Nomura expects DRAM and NAND memory chip prices to rise by 15%-20% quarter-on-quarter in the third quarter, driven by strong demand and tight supply.
