NewsBite analysis · AI, Business, Data, Hardware
DigiTimes
Samsung memory sales up 471% in 2Q26; foundry targets double-digit second-half growth
Samsung Electronics' Device Solutions division showcased its strongest quarter ever, achieving an impressive operating profit of KRW89.2 trillion (approximately US$61.6 billion) and sales of KRW127.5 trillion (around US$88.5 billion). This surge, marked by a remarkable 471% increase in memory sales, is largely attributed to escalating demand for high bandwidth memory as AI applications surge, while the foundry division targets double-digit growth for the second half of the year, amid prevailing high memory prices as US policies concurrently seek to maintain an edge over China's tech advancements.
Act nowConfidence: HighShort term horizon
Published 30 Jul 2026, 02:20 UTC1 min read
Visit original article ↗Lead image — DigiTimes
Summary
TL;DR
- Samsung reports a 471% year-over-year increase in memory sales for 2Q26.
- Operating profit reached a historic KRW89.2 trillion (US$61.6 billion).
- Total sales for the quarter amounted to KRW127.5 trillion (US$88.5 billion).
- High demand for AI-related high bandwidth memory contributed significantly.
- Foundry division aims for double-digit growth in the latter half of the year.
Interesting facts
- Samsung's 2Q26 profits set a record for the company.
- High memory prices are considered acceptable by the US to maintain AI competitiveness against China.