The company recorded a profit of 5.8 billion won (around four billion euros), due to weak demand for semiconductors, although these have started to show signs of recovery, the company said.

Compared to the previous quarter, the amount already represents an increase of more than 239%, the company added.

The company's EBITDA (earnings before taxes, interest, depreciation and amortization) between July and September fell 66.7% year-on-year to 3.9 billion won (2.7 billion euros).

The division responsible for producing semiconductors recorded a turnover of 16.4 trillion won (11.4 billion euros), down 29% year-on-year, but 12% more than in the previous quarter.

In the first quarter, this division recorded its first operating loss since 2009, due to the global drop in demand, but it is already showing signs of recovery.

Regarding this division, the world's largest manufacturer of smartphones and memory chips said in a statement that "sales of high value-added products increased and the average selling price rose slightly".

As for the cell phone division, the company made 44.2 billion won (30.8 billion euros), down 7% year-on-year, but up 9% from three months ago, and recorded an operating profit of 3.7 billion won (2.5 billion euros) from the marketing of the new foldable smartphones, the Galaxy Z Flip 5 and Galaxy Fold 5.

For the whole year, Samsung is planning a total investment of around 53.7 billion won (27.7 billion euros), with 89% of the amount earmarked for semiconductors, with the remaining 11% for the display division, and a particular focus on the factories in Pyeongtaek (60 kilometers south of Seoul), which manufacture next-generation integrated circuits, reports Notícias ao Minuto.