Samsung Electronics announced on July 31 that it invested 12.1 trillion won (approximately $8.77 billion) in facilities during the second quarter. This represents an increase of 800 billion won compared to the previous quarter, which recorded 11.3 trillion won.

Most of the facility investment was concentrated in semiconductors. The Device Solutions (DS) division, which manages the semiconductor business, received 9.9 trillion won.

The move suggests Samsung Electronics’ intention to bolster its semiconductor sector, which is experiencing a significant boom due to the surge in artificial intelligence (AI). The company appears to have focused its investments on research and development (R&D) to maintain its leadership in memory technology and on facilities to meet the demand for high-value memory products such as high bandwidth memory (HBM) and double data rate 5 (DDR5).

It also increased its investment in displays, committing a total of 1.8 trillion won in the second quarter.

Samsung Electronics announced on the same day that its operating profit for the second quarter amounted to 10.44 trillion won, while its revenue totaled 74.07 trillion won. Compared to the same period last year, this marks a remarkable increase of 1,462.3 percent in operating profit and a 23.4 percent rise in revenue.

The quarterly operating profit has exceeded 10 trillion won for the first time in seven quarters, since the third quarter of 2022, when it was 10.85 trillion won. Additionally, quarterly revenue has surpassed 70 trillion won for the second consecutive quarter.

Thanks to the favorable market conditions for memory semiconductors, the DS division posted sales of 28.56 trillion won and an operating profit of 6.45 trillion won. Compared to the same period last year, sales increased by 94 percent and operating profit by 10.81 percent. This is the highest operating profit in eight quarters since the second quarter of 2022, when it was 9.98 trillion won.

A Samsung Electronics representative stated, “We will continue to invest steadily in facilities and R&D to secure future competitiveness.”