Samsung to Release Q2 Preliminary Earnings Tomorrow: Profit Expected to Surge 18-Fold, Executives Hint at "One Year's Profit Equal to 40 Years"

BlockBeats News, July 6th - Samsung Electronics is set to announce its preliminary results for the second quarter of 2026 on July 7th, while SK Hynix will list its ADR on Nasdaq on July 10th. This marks a series of significant events for South Korea's two semiconductor giants. The market is highly focused on the industry's outlook and the performance results driven by AI chip demand. According to a summary of 30 analysts' forecasts by the London Stock Exchange Group (LSEG), Samsung Electronics is expected to report an operating profit of approximately 86 trillion Korean won (about $56.3 billion) for the second quarter. Some brokerages forecast a high of up to 90 trillion Korean won, representing a year-on-year increase of about 17-18 times, potentially achieving its best quarterly performance in recent years.

Prior to the release of the preliminary financial report, Samsung Electronics' management had already sent out positive signals. Kim Yong-kwan, President of Samsung Electronics' Device Solutions (DS) division, stated at an all-hands internal meeting held on July 3rd that the company's full-year operating profit for 2026 is expected to meet market expectations. Currently, the market generally predicts Samsung Electronics' full-year operating profit to be around 300 trillion Korean won (about $200 billion), with AI servers, High Bandwidth Memory (HBM), and foundry businesses seen as the main drivers of growth.

Kim Yong-kwan also mentioned, "This year's profit will exceed the cumulative profit from our 40 years of semiconductor business." Industry insiders view this as a rare proactive statement by Samsung Electronics' management on the annual profit outlook before the official disclosure of performance. This reflects the company's strong confidence in the semiconductor business recovery driven by AI and the growth prospects for the full year. With the upcoming release of Samsung's financial report and SK Hynix's ADR listing, the South Korean semiconductor sector will see one of the most crucial market observation windows in the near term.