Samsung Electro-Mechanics stock secures a KRW 285 billion contract

Published on 10/01/2026 at 05:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Samsung Electro-Mechanics stock carries a September 23 Meritz forecast of KRW 657.1 billion Q3 operating profit, 9.30 percent above consensus. Q2 revenue rose 24.00 percent year over year.

Samsung Electro, KR7009150004, Illustration mit AI erstellt.

Samsung Electro-Mechanics stock (ISIN KR7009150004) is supported by a KRW 285.0 billion supply contract for multilayer ceramic capacitors and inductors signed on September 29, 2026. The agreement covers deliveries from January 1 through December 31, 2027, according to Investing.com.

AI demand lifts earnings estimates

Meritz Securities raised its Samsung Electro-Mechanics target price from KRW 2.1 million to KRW 2.2 million on September 23, 2026, while maintaining a Buy rating, Gate News reported. The brokerage forecast Q3 revenue of KRW 3.82 trillion and operating profit of KRW 657.1 billion, which was 9.30 percent above the KRW 601.0 billion consensus estimate.

The forecast points to a sharper profit mix in high-value AI components. Meritz expected the component division margin to exceed 20.00 percent and the ABF substrate margin to surpass 30.00 percent as supply expands for server CPUs and AI infrastructure.

Q2 results set a higher base

Samsung Electro-Mechanics reported Q2 2026 revenue of KRW 3.4572 trillion, up 24.00 percent from Q2 2025, while operating profit increased 107.00 percent to KRW 440.4 billion. Net income reached KRW 315.7 billion, up 143.00 percent year over year, according to the company's Q2 earnings presentation.

The Package Solution division delivered KRW 771.6 billion in Q2 revenue, up 37.00 percent year over year. Component revenue reached KRW 1.6494 trillion, up 29.00 percent, while the company cited stronger demand for high-capacitance MLCCs and high-end substrates used in AI servers, Samsung Electro-Mechanics reported.

KRX quote gains 1.69 percent

On the KRX, Samsung Electro-Mechanics was trading at KRW 1,538,500 on October 1, 2026 at 12:27 p.m. KST, up 1.69 percent from the prior close of KRW 1,513,000. Market capitalization stood at KRW 111.8 trillion on the same date, while the 52-week range was KRW 190,800 to KRW 2,417,000.