Samsung Electronics announced on July 30 that it achieved consolidated revenue of 171.5 trillion won and an operating profit of 89.5 trillion won for the second quarter. The operating profit margin rose by 9.3 percentage points from the previous quarter to 52.18%.
Earnings per share for both common and preferred stocks increased by 52% compared to the previous quarter, reaching 10,849 won, marking one of the highest levels among global tech companies.
The Device Solutions (DS) division, benefiting from strong market demand, recorded maximum sales in DRAM and NAND products, surpassing its previous quarterly performance.
Meanwhile, the Device Experience (DX) division saw revenue growth year-on-year due to increased sales of premium and AI products, although operating profit declined due to rising component costs.
The strong dollar positively impacted the overall operating profit by approximately 3.1 trillion won compared to the previous quarter, particularly benefiting the component business.
Research and development expenses reached a record high of 16 trillion won.
* This article has been translated by AI.
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