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Samsung Q2 Forecasts 19-Fold Profit Surge, Beats Estimates

7/7/2026

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Story summary

Samsung Electronics forecast Q2 operating profit of 89.4 trillion won, beating the LSEG estimate of 87.3 trillion won.
Profit surged 19-fold from 4.7 trillion won a year earlier, while revenue is projected to rise 129% to 171 trillion won.
Average DRAM and NAND prices rose 44% and 53% quarter-on-quarter, with Nomura forecasting 24% and 25% further increases in the July-September quarter.

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Story summary

Samsung Electronics forecast Q2 operating profit of 89.4 trillion won, beating the LSEG estimate of 87.3 trillion won.
Profit surged 19-fold from 4.7 trillion won a year earlier, while revenue is projected to rise 129% to 171 trillion won.
Average DRAM and NAND prices rose 44% and 53% quarter-on-quarter, with Nomura forecasting 24% and 25% further increases in the July-September quarter.