Samsung's Profit Soars 782%, Earning 5.9 Billion Yuan a Day

Samsung Electronics expects its third-quarter operating profit to surge nearly ninefold, as strong demand from artificial intelligence companies for memory chips continues to drive a shortage across the industry. 4 trillion won for the July–September period. 2 trillion won reported in the same period last year and above the 106 trillion won previously projected by LSEG SmartEstimate.