- Samsung Electronics today reported financial results for the second quarter ended June 30, 2026.
- The Company posted KRW 171.5 trillion in consolidated revenue, another all-time quarterly high, representing a quarter-on-quarter (QoQ) increase of 28%.
- Operating profit also reached another all-time high, increasing to KRW 89.5 trillion.
- The Device Solutions (DS) Division posted a QoQ sales increase of 56%, with the Memory Business setting an all-time high for quarterly revenue and operating profit.
- Samsung Electronics extended its record run with second-quarter operating profit topping analysts' estimates, as robust artificial intelligence demand continues to drive growth in its memory chip business.
- The company cited AI server demand as the key driver for its record-breaking memory earnings, which helped it achieve all-time high DRAM and NAND sales.
- Samsung said it was seeing exponential growth in demand for general-purpose computing alongside AI, and was closely monitoring the relative pace of demand for HBM and server DRAM while maintaining an optimal product mix to support long-term AI demand.
- The company expects industry supply constraints to persist next year and said it will manage its HBM and DRAM businesses in a balanced manner to achieve an HBM market share in line with its conventional DRAM business.
- Samsung said it expects supply constraints to tighten further in 2027, with rapidly growing AI token generation driving exponential demand over the medium to long term.
- The company said more customers are seeking multi-year supply agreements to secure AI infrastructure capacity, giving Samsung a better visibility into future demand and greater flexibility in planning investments.
- Samsung Electronics added it has finalized agreements with top five global data center customers and is in the final stages of talks with five additional major accounts to support their AI related demand.
Samsung Electronics achieved a record second-quarter operating profit of KRW 89.5 trillion, a staggering 1,814% increase year-on-year, as demand for AI chips surged. The company reported KRW 171.5 trillion in consolidated revenue, a 28% quarter-on-quarter increase, marking another all-time high.12357911
The Device Solutions (DS) Division saw a remarkable 56% sales increase, with the Memory Business setting records for both quarterly revenue and operating profit. Samsung attributed its success to robust demand for AI servers, which significantly boosted its memory earnings, leading to all-time high sales in DRAM and NAND products.46
The company noted that it is experiencing exponential growth in demand for general-purpose computing alongside AI, and is closely monitoring the pace of demand for HBM and server DRAM. Samsung is committed to maintaining an optimal product mix to support long-term AI demand, despite anticipating ongoing industry supply constraints into 2027.8
Furthermore, Samsung is witnessing an increase in customers seeking multi-year supply agreements to secure AI infrastructure capacity, enhancing its visibility into future demand and investment planning. The company has finalized agreements with top five global data center customers and is in advanced discussions with five additional major accounts to meet their AI-related needs.10
“Samsung's consolidated revenue reached KRW 171.5 trillion, marking a 28% quarter-on-quarter increase. The company anticipates ongoing supply constraints in the memory chip market, with rapidly growing AI token generation expected to drive exponential demand through 2027.”
CNBC
