Samsung Electronics on Thursday reported the strongest quarter in its history, posting KRW 171.5 trillion in consolidated revenue and KRW 89.5 trillion in operating profit for the three months ended June 30 — both all-time highs and a 28% quarter-on-quarter jump in revenue with a 56% climb in operating profit.
Memory Is The Engine
The Device Solutions division ran the table, contributing KRW 127.5 trillion in revenue and KRW 89.2 trillion of operating profit — nearly the entire company total. Memory alone set fresh records for both quarterly revenue and operating profit as Samsung "proactively addressed AI demand despite limited capacity with a primary focus on server products." Server share of the memory sales mix hit an all-time high. Samsung said it scaled up HBM4 shipments with "industry-leading performance" and became the first supplier to ship HBM4E samples to major customers.
Foundry Finally Bends The Curve
Samsung Foundry's earnings improved "significantly" before incentive-related provisions, driven by HBM base-die demand and orders from US customers. Management highlighted new 2nm HPC design wins as evidence that its long-suffering foundry is finally taking share back from TSMC, and guided to "double-digit revenue growth" in H2 with mass production of second-generation 2nm mobile SoCs and 4nm LPU/base-die products ramping in tandem. That echoes rival TSMC's own 5–10% 2027 price hikes and the newly signed $200B Samsung-Broadcom pact through 2030.
Mobile And Displays Feel Costs, But H2 Guidance Stays Aggressive
Samsung Display posted KRW 7.5 trillion in revenue and KRW 0.7 trillion of operating profit on premium OLED demand. The MX and Networks unit had KRW 33.2 trillion in revenue but slid into a KRW 0.7 trillion operating loss on higher component costs across the Galaxy S26 series. For the back half of 2026, Samsung said it expects the memory market to stay undersupplied as agentic AI and server capex accelerate, and it plans to lean into HBM4E, DDR5, SOCAMM2 and PCIe Gen6/UFS 5.0 products. The company continues to build out its $884M Onyang HBM line to feed that demand.
Investor Read
Earnings per share climbed 52% to KRW 10,849 — among the highest levels in global tech. With Samsung's chip cycle finally reaccelerating and a rebuilt foundry roadmap, the print sets a high bar for Korean rival SK hynix and lines the company up against the broader Korean physical-AI push heading into H2.
Reporting based on Samsung's Q2 2026 investor release, Samsung Newsroom and coverage from Investing.com and TradingKey.