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Telecommunications & Media

Galaxy Z8 sets record with 1.44 million preorders in South Korea

Samsung Electronics\' new foldable smartphone Galaxy Z8 series set a record for Galaxy smartphone preorders in South Korea. The company said the Galaxy Z Fold8 Ultra, Fold8 and Flip8 sold a total of 1.44 million units in domestic preorders over seven days from July 28 to Aug. 3. That surpassed the previous high of 1.38 million set by the Galaxy Note10 in 2019. Samsung said demand was driven by younger buyers, more women customers and preorder benefits.

Industry

Samsung Electronics posts loss at smartphone and TV units as memory prices rise

Samsung Electronics\' DS division posted 89.2 trillion won in second-quarter sales, while its DX division logged an operating loss of 800 billion won as higher memory prices lifted costs for device businesses. Executives said DRAM and NAND average selling prices rose sharply from the previous quarter, hurting profitability at the MX unit. The company plans to adjust its sales mix and improve resource efficiency, but offered no plan to cut costs. Executives also cited uncertainty and weaker demand outlooks.

Industry

Samsung Electronics posts record Q2 operating profit, up 1,814 percent year on year

Samsung Electronics said on Wednesday it posted record quarterly revenue and operating profit in the second quarter of 2026. Revenue rose 130 percent from a year earlier to 171.5 trillion won, while operating profit jumped 1,813.83 percent to 89.5 trillion won. First-half results also surged, driven by the DS division. The company cited strong server demand tied to the spread of agentic AI and currency gains from a stronger dollar.