Samsung says chip crunch will last until 2028 as profit jumps 1,800%

Financial Performance - Samsung Electronics reported Q2 operating profit matching guidance at approximately 8.9 trillion won (or 6.2 billion US dollars), surging 19-fold year-over-year [1] - The chip division generated 99.8% of the total operating profit, while the mobile division experienced an operating loss [1] - Samsung Electronics increased its chip division capital expenditure (capex) in Q2 to approximately 15 trillion won, representing a 1.5-fold increase compared to Q1 [3] Market Dynamics & Industry Trends - Industry leadership indicated that the chip shortage is expected to deepen next year and persist until 2028, driven by ongoing AI infrastructure development [2] - Samsung Electronics expects HBM4 revenue to more than triple next quarter and account for around 60% of total HBM4 revenue in the second half of the year [2] - Samsung Electronics aims to align its HBM market share with its overall DRAM market share in the second half of the year, challenging rival SK Hynix [2][3]