SEOUL, Nov. 26 (UPI) -- The operating profit of Samsung Electronics is expected to more than double in 2026 from a year earlier to reach $66 billion, driven by the strong global demand for memory chips, South Korean brokerage house KB Investment & Securities said Wednesday.
Samsung Electronics posted operating income of $16 billion during the first nine months of this year, and KB Investment projected that the figure would surpass $13 billion in the fourth quarter alone.
The brokerage estimated that Samsung's semiconductor sector would account for nearly 80% of its overall earnings in the October-December period. In addition to chips, Samsung's business portfolio includes smartphones, flat-panel displays and home appliances.
"As general-purpose memory prices have risen more than 50% as of this month, Samsung Electronics is predicted to log a record operating profit approaching $14 billion in the fourth quarter," KB Investment research head Kim Dong-won wrote in a report.
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