Samsung Foundry, 2026year 2analysis emerges of a quarterly return to profitability
Samsung Electronics 2026year 2announced its consolidated preliminary results for the quarter. The same materials confirmed an analysis that the foundry turned from a loss to a profit after 2022year 4quarter, and that Executive Chairman Jay Y. Lee accompanied Han Jin-man, president and head of the foundry business, on a business trip to the United States.
Samsung Electronics disclosed its preliminary operating results for the 2026year 2quarter, based on its consolidated financial statements, through the Financial Supervisory Service’s electronic disclosure system. The announcement included content stating that it recorded quarterly results of an unprecedented scale amid a memory boom.
The same announcement and market analyses report that the foundry turned from losses that had continued since the 2022year 4quarter to a profit in the 2026year 2quarter. Some analyses speculate that the turnaround succeeded because of a recovery in utilization rates.
The report says that the mood surrounding Samsung Foundry is improving as it wins orders from global big tech companies, including Tesla. The disclosure did not separately specify detailed contract terms or amounts concerning the orders.
Samsung Electronics Executive Chairman Lee Jae-yong traveled to the United States with Han Jin-man, president and head of the Foundry Business. The company said it would announce the purpose of the trip and its future plans in a separate disclosure.
This announcement is notable because a turnaround in the Foundry Business's performance and a visit to the United States by top management were confirmed at the same time. Additional disclosures and specific materials related to customers are expected to follow.
Sources: 연합인포맥스
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