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Samsung Electro-Mechanics posts 6.91 billion won Q3 operating profit, up 165 percent year on year

Samsung Electro-Mechanics said on Oct. 28 it posted third-quarter consolidated revenue of 3.76 trillion won and operating profit of 691.0 billion won. Revenue rose 30.3 percent from a year earlier and operating profit gained 165.5 percent, with an operating margin of 18.4 percent. The company said both revenue and operating profit were record highs for a quarter, driven by AI-related products, growth in FCBGA for data centres and automotive use, and expanded camera module supply for next-generation global EV platforms.