Samsung Mobile Unit Reports Strong Q3 Gains

Samsung’s mobile division recorded strong gains in sales and operating profit in Q3. The unit forecasts significant growth in the ultra-premium smartphone segment in 2026, particularly in foldable models.

Mobile eXperience (MX) VP Daniel Araujo stated on its Q3 earnings call that the overall smartphone market is expected to be roughly flat in both value and volume in 2026, while tablets are experiencing a slowdown in replacement demand. Although the division anticipates intensified competition and price increases in key components such as memory, he said it expects full-year revenue growth in 2025 and to maintain profitability through flagship-focused sales and efficiency improvements.

Araujo noted the smartphone market rebounded in Q3, as macroeconomic uncertainties were somewhat alleviated due to progress in tariff negotiations among major countries, together with expectations of interest rate cuts. Growth in flagship sales as a portion of total smartphone revenue, along with improved sales of new tablet and wearable products, enabled it to sustain double-digit profitability, he added.

Revenue from the MX and Networks unit increased 12% to KRW34.1 trillion ($23.9 billion), and operating profit increased 28.6% to KRW3.6 trillion. Smartphone shipments grew 5.2% to 61 million units, and tablet shipments remained at 7 million. Its smartphone ASP increased 3.1% to $304.

On a group level, Samsung’s net profit grew 20.8% to KRW12.2 trillion, aided by a 79.5% jump in operating profit of the Device Solution division covering all types of chips, including memory, to KRW7 trillion. Revenue rose 8.8% to KRW86.1 trillion. Chip unit sales rose 13% to KRW33.1 trillion.