Samsung Electronics Q3 Profit Projected to Rise 25% on Chip Price Surge
2026-07-09 17:45

Woofun AI reports that HSBC analysts Ricky Seo and Han Kil Chang project Samsung Electronics' third-quarter operating profit to increase by 25% quarter-on-quarter, supported by a 20% sales rise. This growth is attributed to an anticipated 15% increase in DRAM and NAND chip prices, peak seasonal demand for OLED panels linked to new foldable smartphone launches, and recovering smartphone margins. With cloud service providers maintaining computing capacity expansion, HSBC estimates Samsung's annual operating profit could exceed 376 trillion Korean won, representing an eightfold increase, followed by a 37% growth next year. The bank retains its buy rating with a target price of 450,000 Korean won.

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Ricky Seo
Han Kil Chang
HSBC
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