[Samsung Electronics' Q2 Operating Profit Nears 90 Trillion KRW, Up Over 17 Times Year-on-Year] According to Sina Finance, Samsung Electronics reported on Thursday that its net profit for the second quarter was 71.62 trillion KRW (approximately $49.6 billion), a year-on-year increase of 1299.9%. Samsung Electronics, one of the world's largest suppliers of high-end high-bandwidth memory (HBM) semiconductors, stated in a regulatory filing that operating profit for the April-to-June period surged 1813.8% year-on-year to 89.49 trillion KRW, while revenue grew 130% to 171.49 trillion KRW. This performance exceeded analysts' expectations, driven by strong demand in the artificial intelligence sector, which continued to boost its memory chip business.