---
title: "Chip giant, profits surge by 1810%! Korean stocks open sharply lower"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/291856744.md"
description: "Chip giant announces earnings forecast. Samsung Electronics released its earnings forecast for the second quarter, with sales of KRW 171 trillion, a year-on-year increase of 129%, estimated at KRW 169.23 trillion, compared to KRW 74.6 trillion in the same period last year;"
datetime: "2026-07-07T00:41:22.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/291856744.md)
  - [en](https://longbridge.com/en/news/291856744.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/291856744.md)
---

# Chip giant, profits surge by 1810%! Korean stocks open sharply lower

Chip giant announces earnings forecast. Samsung Electronics announced its second-quarter earnings forecast, with second-quarter sales of 171 trillion Korean won, a year-on-year increase of 129%, estimated at 169.23 trillion Korean won, compared to 74.6 trillion Korean won in the same period last year;

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