TeamViewer Shares Fall Despite Profit Growth as ARR and Customer Base Decline 
Rio Tinto Stock Jumps as Strong Earnings, Higher Dividend and AI Metal Demand Boost Outlook 
Sika Raises 2026 Sales Outlook After Strong First-Half Results Beat Expectations 
Exosens H1 Profit Beats Forecasts as Defense Demand Drives Growth 
X Challenges Australia’s Expanded Social Media Ban Enforcement Powers 
Stellantis Sells Free2move Car-Sharing Business to Mutares to Strengthen Core Auto Strategy 
SK Hynix Q2 Profit Hits Record as AI Memory Chip Demand Fuels Growth 
CXMT IPO Debut in Shanghai Puts $85.5 Billion Chipmaker in Spotlight 
Tech Stock Positioning Nears Neutral as Investor Rotation Enters Final Phase, Deutsche Bank Says 
AstraZeneca Q2 Earnings Beat Forecasts as Oncology Growth Supports 2026 Outlook 
Seagate Stock Jumps as AI-Fueled Earnings Beat and Strong FY2027 Outlook Impress Investors 
Zhongji Innolight Raises $6.8 Billion in Hong Kong IPO as AI Demand Fuels Growth 
Brown-Forman Rejects Sazerac’s $15 Billion Takeover Bid as Family Backs Independence 
GSK Unveils $2.52 Billion Cost-Cutting Plan to Accelerate Drug Pipeline 
ASML, Applied Materials Slide as China DUV Chip Equipment Breakthrough Sparks Market Jitters 
Zabka Shares Drop 10% as Seven & i Abandons Investment Plans 
Samsung Electronics Co. is projected to post third-quarter sales of 63.95 trillion won, up 3.1 percent from last year earlier, due to an upsurge in sales of its mobile devices and home appliances and stable performance of its semiconductor unit.
The company is expected to announce its third-quarter earnings next week.
Sales of its mobile devices and home appliances surged due to increased demand, while that of its semiconductor remained solid amid a decline in memory prices.
Samsung's operating profit was estimated to expand 33.7 percent on-year to 10.4 trillion won over the period, based on data from 17 brokerage houses complied by Yonhap Infomax.
If the expectation is met, Samsung will register its best quarterly performance since the fourth quarter of 2018, when it had an operating profit of 10.8 trillion won.
The estimated figure will give Samsung a 20.7 percent increase in sales and a 27.6 percent jump in operating profit form the previous quarter.
The mobile business unit is expected to post an operating profit of around 10.5 percent, attributed partly to decreased marketing costs amid the pandemic.
Analysts do not expect Samsung's chip business to suffer a substantial decline in sales, despite a drop in memory prices due to inventory excess. They expect Samsung's chip business to register an operating profit of around 5 trillion won.
Rush orders from Huawei Technologies Co. helped Samsung's chip business to stay afloat.
Huawei has been aggressively procuring semiconductors before US export restrictions took effect on Sept. 15.
