Samsung Posts Record Revenue, Profit in Q3

Samsung Posts Record Revenue, Profit in Q3
The logo of Samsung Electronics is seen at the company's Seocho building in Seoul on Oct. 28, 2021. Jung Yeon-je/AFP via Getty Images
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Samsung Electronics Co Ltd. reported third-quarter FY21 revenue growth of 10 percent year-on-year to a record $63 billion (KRW 73.98 trillion).

The operating profit increased 26 percent Q/Q to $13.48 billion (KRW 15.82 trillion), the second-highest ever as favorable market conditions continued in the memory market while the foundry and display businesses achieved robust sales. The finished product businesses also posted solid performances.