Samsung Electro-Mechanics (009150) investor relations material

Executive summary

• Q3 sales were KRW 3,763.3 billion, up 9% QoQ and 30% YoY; operating profit was KRW 691.0 billion, up 57% QoQ and 165% YoY, with an 18.4% operating margin.

• AI data-center demand and ADAS-related growth drove record quarterly performance despite negative FX effects.

Financial highlights

• Gross profit was KRW 1,067.9 billion, up 26% QoQ and 78% YoY; pre-tax profit was KRW 609.7 billion, up 41% QoQ and 116% YoY.

• Net income was KRW 468.7 billion, up 48% QoQ and 113% YoY; continuing operations income was KRW 485.0 billion, up 48% QoQ and 116% YoY.

• Total assets were KRW 17,061.2 billion at Q3 end, up 3% QoQ.

Outlook and guidance

• Q4 revenue is expected to post another out-of-the-ordinary QoQ increase, supported by improved mix, higher ASPs and a larger AI data-center share in MLCC and FCBGA.

• MLCC and package-substrate supply is expected to remain tight next year, while high-end demand and ASPs continue rising.

• 2027 is expected to be a record-setting year, with significant growth each quarter beginning in Q1.

• Q4 priorities include expanding high-end AI MLCC and FCBGA supply, timely flagship-phone camera production, and more automotive and humanoid sensing-module activity.