Samsung Electronics is expected to report a quarterly profit of 10.33 trillion won ($7.67 billion) for the quarter ending September 30, up from 2.43 trillion won last year.
The chip division is estimated to earn 5.5 trillion won, which is 15% lower than the previous quarter due to bonus costs. Samsung’s slow move into AI chips and higher focus on traditional chips make it more vulnerable to market issues. Analysts warn that Samsung could lose its top spot in DRAM chips if the market weakens.
Samsung’s non-memory chip business is still losing money, struggling to compete with TSMC. In smartphones, sales of foldable models have been disappointing, and competition from Chinese brands like Huawei is increasing. The profit for the phone and network business is expected to be 2.6 trillion won, down 20% from last year. So far, Samsung’s stock has fallen 23% this year, while SK Hynix’s has risen by 23%.
