Samsung Electronics achieved record consolidated revenue of KRW 171.5 trillion in the second quarter of 2026. Operating profit reached an all-time high of KRW 89.5 trillion. The Device Solutions (DS) Division drove these results, with the Memory Business posting its highest-ever quarterly figures. Growth followed the industry's first HBM4E sample shipments and expanded market share for PCIe Gen6 and UFS 5.0 solutions.
Samsung's stock price dropped 19% following the announcement before a partial recovery on Friday, July 31. Daishin Securities maintained a buy opinion, highlighting the company's robust profit generation and long-term contracts. However, some investors voiced caution regarding the long-term sustainability of global AI infrastructure spending.
Samsung confirmed the construction of a second semiconductor fabrication plant in Taylor, Texas. Work on the new facility is scheduled to begin by the end of 2026.