True
Samsung Electronics recorded 106 trillion won in operating profit from its semiconductor business alone in the third quarter, becoming the first big tech company to surpass the 100 trillion won mark, according to the company's quarterly results.
The 106 trillion won figure represents the operating profit generated by Samsung Electronics' semiconductor division for the third quarter of the fiscal year. The result pushed the company past the 100 trillion won threshold for a single business unit's quarterly operating profit, a level no other big tech company had previously reached.
The semiconductor segment has been the primary driver of the company's overall earnings, with memory chips and related semiconductor operations forming the core of the division's performance during the period.
Crossing the 100 trillion won mark in quarterly operating profit places Samsung Electronics ahead of its big tech peers, none of which had previously posted a quarter in which a single business line exceeded that level. The milestone underscores the scale of the company's semiconductor operations relative to global competitors.
The company's semiconductor business encompasses memory, foundry and system LSI operations, with the third-quarter result reflecting earnings across the division as a whole.
The company's quarterly disclosure showed the semiconductor division's contribution at 106 trillion won for the period, establishing the new benchmark for big tech earnings performance. Samsung Electronics' third-quarter semiconductor operating profit of 106 trillion won, surpassing 100 trillion won for the first time among big tech companies, is True.
Verdict: True