Samsung Electronics raised 2024 capital expenditure to 84.4 trillion won
(≈$63bn), up about 60%, citing strong AI-infrastructure demand that has lifted
memory prices. The semiconductor division reported operating profit of 106.5
trillion won for the quarter to September—a 15-fold jump but slightly below the
analyst consensus of 108.5 trillion won; group net profit rose 39%. Shares fell
as much as 5% in Seoul on Thursday morning. The earnings shortfall raises
pressure on Samsung to deliver improved profitability, product-mix upgrades and
long-term customer commitments, and to show technical progress on advanced
memory (HBM4) amid fierce competition with SK Hynix.
