News Summary

• Samsung said its consolidated sales for the period were approximately KRW 195 trillion ($145.33 billion) The record surge in Samsung's Q3 2026 profit comes amid soaring demand for memory chips driven by growing AI use.
• However, a recent South Korean media report says Samsung's Mobile eXperience (MX) division has begun cutting smartphone production for Q4 2026.
• An industry source said Samsung smartphones aren't making any profit when sold because of rising memory and semiconductor prices.