Samsung posts record quarterly profit, sees memory-chip demand broaden beyond hyperscalers

Samsung Electronics reported a 783% year-over-year jump in Q3 operating profit to 107.4 trillion won ($80.3 billion), the first global tech company to exceed 100 trillion won in a quarter. Revenue rose 127% to 195.3 trillion won. Memory chips drove 75% of revenue on HBM4 demand and rising prices. Samsung has signed long-term supply contracts with 10 major accounts and is in talks with 10 more, with interest expanding beyond hyperscalers to mobile, automotive, and network customers. The stock fell 4% as the company delayed finalizing a 90-110 trillion won shareholder return plan until next year.