Samsung Electronics Co., Ltd.

005930.KSpublic

Semiconductors & Consumer Electronics

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World's largest memory chipmaker (DRAM, NAND) and #2 foundry (Samsung Foundry / SF2). Critical AI infrastructure player: dominant supplier of HBM (High-Bandwidth Memory) alongside SK Hynix, and foundry partner for Qualcomm, NVIDIA (secondary), and Exynos. Investing heavily to close HBM yield gap with SK Hynix.

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2025 CAPEX
$36.0B
YoY 2025 vs 2024
+1.4%
Latest Quarter
$9.5B
Q4'25
FY2026 Guidance
$38.0B–$42.0B

CAPEX History — Quarterly

Quarterly Data & Sources

QuarterCAPEXRevenue% RevSource
Q4'25$9.5B$68.0B14.0%Samsung Q4 2025 Earnings (est.)
Q3'25$9.2B$62.0B14.8%Samsung Q3 2025 Earnings (est.)
Q2'25$8.8B$57.0B15.4%Samsung Q2 2025 Earnings (est.)
Q1'25$8.5B$52.0B16.3%Samsung Q1 2025 Earnings (est.)
Q4'24$9.2B$68.0B13.5%Samsung Q4 2024 Earnings (est.)
Q3'24$9.0B$63.0B14.3%Samsung Q3 2024 Earnings
Q2'24$8.5B$54.0B15.7%Samsung Q2 2024 Earnings
Q1'24$8.8B$51.0B17.3%Samsung Q1 2024 Earnings
Q4'23$9.3B$60.0B15.5%Samsung Q4 2023 Earnings
Q3'23$8.9B$55.0B16.2%Samsung Q3 2023 Earnings
Q2'23$8.7B$47.0B18.5%Samsung Q2 2023 Earnings
Q1'23$9.1B$48.0B19.0%Samsung Q1 2023 Earnings

Q1'23Converted from KRW at 1300 KRW/USD

Q2'23Converted from KRW at 1300 KRW/USD

Q3'23Converted from KRW at 1300 KRW/USD

Q4'23FY2023 total CAPEX: ~$36B

Q1'24Converted from KRW at 1350 KRW/USD

Q2'24Converted from KRW at 1350 KRW/USD

Q3'24Converted from KRW at 1350 KRW/USD

Q4'24FY2024 total CAPEX: ~$35.5B est.

Q1'25Converted from KRW at 1380 KRW/USD

Q2'25Estimated

Q3'25Estimated

Q4'25Estimated. FY2025 total est. ~$36B

Guidance Tracker

FY2025
Completed
We plan to maintain aggressive investment levels in HBM and advanced process nodes. HBM4 qualification is our top priority for 2025.
Park Soon-cheol, CFO · Samsung Q4 2024 Earnings, Jan 2025
Guided: $35.0B$38.0B
Actual to date: $36.0B
103%
FY2026
On Track
We will increase CAPEX in 2026 to accelerate HBM4 ramp and advanced DRAM/NAND investment. Foundry recovery and AI memory demand drive investment.
Park Soon-cheol, CFO · Samsung Q4 2025 Earnings, Jan 2026 (est.)
Guided: $38.0B$42.0B

Key Quotes

Jun Young-hyun·CEO (Device Solutions)·2025-01-31
The AI memory market is growing faster than we anticipated. We are accelerating HBM3E and HBM4 production. Samsung will reclaim its leadership position in the AI era.

Q4 2024 Earnings Call

koreasemiconductorsHBMDRAMNANDfoundrymemoryAI-chipspublic