Sanjeev Rana

Samsung’s Record Profit Trails Estimates as Memory Demand Outpaces Supply

Samsung reported record operating profit of 107.4 trillion won for the three months through September, as rising memory-chip prices and AI infrastructure spending lifted earnings. CLSA Korea Research Head Sanjeev Rana said the result was broadly in line with his expectations, despite falling short of the analyst estimate shown with the figures. He remains bullish on the memory cycle, citing demand that exceeds supply and expecting a sharp rise in high-bandwidth memory pricing in 2025.