Industry

Samsung Electronics\' chip unit makes up 99.7 percent of company operating profit

Samsung Electronics posted a 52 percent operating profit margin in the second quarter of 2026, up 9 percentage points from the previous quarter. It said revenue rose to 171.5 trillion won and operating profit to 89.5 trillion won, both record highs. The DS semiconductor unit accounted for 99.7 percent of operating profit. The company cited higher memory prices, increased shipments and a currency impact, while R&D and facility investment also climbed.

Finance

Meritz Financial considers 100 billion won support for Homeplus, subject to MBK and Kim Byung-joo guarantees

Meritz Financial Group is considering providing 100 billion won in emergency operating funds to help normalise management at Homeplus. The group said on June 11 it is reviewing DIP financing to support stable business operations. Meritz Securities said it is checking specific guarantee terms after meeting several Democratic Party lawmakers. Meritz said guarantees from MBK headquarters and MBK Chairman Kim Byung-joo are needed given legal constraints under recently revised commercial law.