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Samsung Electronics’ Q2 Profits Soar More Than a Thousandfold, Propelled by AI Memory Chips, Though Market Cap Remains 40% Below Peak
23 hour ago /
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Author：小编
On July 30, Samsung Electronics released its financial report for the second quarter of 2026, which showed that due to the simultaneous growth in both sales volume and prices of AI memory chips, the company’s consolidated revenue for the second quarter soared to KRW 171.5 trillion (approximately RMB 804.975 billion). This figure marks a remarkable 130% year-on-year increase and sets a new all-time high for a single quarter. Moreover, operating profit also reached a record level, climbing to KRW 89.5 trillion (approximately RMB 420.1 billion), representing an astonishing 1813.8% year-on-year surge.
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