Samsung memory sales surge 471%, foundry eyes double-digit H2 growth

Samsung Electronics' Device Solutions division delivered exceptional results in the second quarter of 2026, posting the most profitable quarter in its history. The division generated operating profit of KRW89.2 trillion (approx. US$61.6 billion（約9.9兆円）) on total sales of KRW127.5 trillion. The standout performance was driven by memory chip sales, which surged 471% year-over-year, reflecting a dramatic recovery from the industry's previous downturn. In addition to the strong memory results, the foundry business—which manufactures custom chips for external customers—is targeting double-digit percentage growth during the second half of 2026. This forward-looking guidance suggests Samsung expects sustained demand momentum to continue through the remainder of the year across both its memory and manufacturing operations.

Samsung's Device Solutions division has returned to robust profitability after enduring a prolonged memory chip downturn that depressed the industry through 2024 and early 2025. The 471% year-over-year surge in memory sales reflects both a recovery in demand and a normalization of prices, which had collapsed as oversupply flooded the market. The division's record operating profit—KRW89.2 trillion (approx. US$61.6 billion（約9.9兆円）)—underscores the scale of this rebound and suggests that the worst of the cycle has passed. Equally significant, the foundry business is targeting double-digit percentage growth in the second half of 2026, indicating that custom chip manufacturing demand remains robust alongside the memory recovery. Together, these metrics paint a picture of a company emerging from a trough with strengthening demand across its core product lines.

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