This year, Samsung Electronics and Hynix’s operating profit is expected to be KRW 300 trillion.

Citi Samsung Electronics

Three line summary:

1. 4Q25 OP KRW 20.4 trillion

2. OP 155 trillion won this year

3. TP 200,000

Morgan Stanley Hynix

1. 4Q25 Preview may not matter

2. 26e OP 148.3 trillion won

3. TP to 840,000 won from 730,000 won