Samsung Electronics posts record third‑quarter profit as memory‑chip demand spikes

Samsung Electronics announced that its operating profit for the third quarter reached 107.4 trillion won, a rise of roughly 782.5% from the same period last year. Revenue climbed 126.6% to 195 trillion won. The surge came as memory‑chip prices rose and global supply tightened, boosting sales of high‑bandwidth chips used in artificial‑intelligence data centres. Rivals such as SK hynix and Micron are also benefiting from the strong market, and a detailed earnings report is expected later in October.