That was up 931% from 640 billion won a year earlier, the South Korean firm said in a short preliminary earnings statement, and would be Samsung s highest operating profit since the third quarter of 2022.
Samsung Electronics posts Q4 profit of $2.1 billion, down 34% from last year. Samsung aims to catch up with rivals in high-bandwidth memory chips segment.
Though down sharply from last year, Samsung s third quarter profit was well above the first quarter s 640 billion won, the lowest since 2009, and the second quarter s 670 billion won.
Analyst Kim Dong-won at KB Securities forecast Samsung s Device Solutions (DS) division, which oversees its cash cow chip business, to make losses of around 4 trillion won ($2.96 billion) in the third quarter, lower than the 4.35 trillion won of the second quarter, reports Yonhap news agency.
Samsung has been seeing declines in profits for the first time in almost three years. Samsung has reported a drop in profits for its third quarter, according to CNET.