Samsung Electronics' MX (Mobile Experience) and Network business unit recorded an operating loss in the second quarter of this year despite sales of Galaxy smartphones. This is attributed to a sharp rise in memory prices driven by expanding AI (artificial intelligence) demand, which increased component cost burdens.
According to Samsung Electronics' financial results released on the 30th for the second quarter of 2026, the MX and Network business unit reported revenue of 33.2 trillion won and an operating loss of 700 billion won.
Revenue increased by approximately 13.7% compared to the same period last year (29.2 trillion won), but operating profit turned into a loss from 3.1 trillion won in the second quarter of last year. Compared to the previous first quarter, revenue fell by 12.9% from 38.1 trillion won, and operating profit shifted from a surplus of 2.8 trillion won to a loss.
in TECH
