HSBC says firmer memory-chip prices could push Samsung Electronics to record results. Analysts Ricky Seo and Han Kil Chang forecast Q3 operating profit rising 25% QoQ on a 20% sales increase, assuming DRAM and NAND prices rise about 15%, OLED panel demand seasonal strength from a new foldable launch, and smartphone margins rebounding. HSBC says continued compute expansion by cloud-service providers makes this year’s operating profit rise to more than eight times to KRW 376 trillion, with a furth

HSBC says firmer memory-chip prices could push Samsung Electronics to record results. Analysts Ricky Seo and Han Kil Chang forecast Q3 operating profit rising 25% QoQ on a 20% sales increase, assuming DRAM and NAND prices rise about 15%, OLED panel demand seasonal strength from a new foldable launch, and smartphone margins rebounding. HSBC says continued compute expansion by cloud-service providers makes this year’s operating profit rise to more than eight times to KRW 376 trillion, with a further 37% increase next year. HSBC maintains buy and a KRW 450,000 target price.