Samsung Electronics Q3 preliminary profit jumps, driven by AI-chip demand

Samsung Electronics reported preliminary Q3 operating profit of 107.4 tln won, up 783% YoY and 20.01% QoQ, slightly above a 106.1 tln-won market consensus. Q3 revenue was 195 tln won, up 127% YoY and marginally below the 199 tln-won consensus. Samsung will publish full results later this month.