Samsung's Q2 Operating Profit Reaches $58.8 Billion
Seoul, July 07 (QNA) - Samsung Electronics Co. on Tuesday estimated its second-quarter operating profit at nearly 90 trillion won ($58.8 billion), marking another quarterly record as strong demand for artificial intelligence (AI)-related semiconductors boosted earnings.
The South Korean technology giant said operating profit for the April-June period is expected to total 89.4 trillion won, up 1,181% from a year earlier, according to its earnings guidance.
The estimate exceeded the average market forecast by 6.2%, according to Yonhap Infomax, the financial data arm of Yonhap News Agency.
The earnings outlook reflects provisions for employee bonuses. Excluding those provisions, quarterly operating profit is estimated to have reached around 100 trillion won.
Under a high-profile wage agreement reached in May, Samsung will grant a special semiconductor performance bonus equivalent to 10.5% of business performance earnings. The bonuses will be paid in company stock over at least 10 years and will be tied to performance targets for the company's lucrative semiconductor business.
The provision for the bonuses is estimated at around 20 trillion won.
Samsung Electronics posted an operating profit of 43.6 trillion won for all of 2025. The estimated second-quarter profit alone is more than double the company's full-year operating profit last year.
Second-quarter revenue is estimated to have risen 129.3% from a year earlier to 171 trillion won. Net profit was not included in the earnings guidance.
If confirmed, Samsung Electronics will have posted record quarterly revenue and operating profit for a third consecutive quarter since the fourth quarter of last year.
Samsung Electronics did not provide a detailed breakdown of earnings by business division, although its device solutions unit, which includes the semiconductor segment, is believed to have accounted for a dominant share.
The strong performance is widely attributed to continued growth in global investment in AI infrastructure, which has intensified the supply shortage of semiconductors and kept memory chip prices elevated. (QNA)
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