The Korean tech giant said Thursday that its Device Solutions division (DS), which includes semiconductors, swung to an operating profit of 3.86 trillion won (US$2.8 billion) in the July-September period, from a loss of 3.75 trillion won a year earlier. However, the figure was down 40.15 percent from 6.45 trillion won in the second quarter.
The company attributed the decline to inventory valuation reversals, incentive provisions and foreign exchange impacts due to a weaker dollar.
Samsung's overall revenue hit a record 79.1 trillion won, up 17.35 percent from a year earlier. Its operating profit rose 277.37 percent year-on-year to 9.18 trillion won, and net profit jumped 72.84 percent to 10.19 trillion won, the company said in a regulatory filing.
The company's Device eXperience (DX) division reported 44.99 trillion won in revenue and 3.37 trillion won in operating profit, supported by strong sales of flagship smartphones and premium TVs.
Display manufacturer Samsung Display (SDC) contributed 1.51 trillion won in operating profit on revenue of 8 trillion won, benefiting from new smartphone launches by major customers.
Samsung expects server demand to remain strong in the fourth quarter and plans to expand its AI chip portfolio, including mass production of HBM3E and the development of HBM4 in the latter half of 2025.