Samsung Electro expands KRW 6.78 trillion. DS targets Samsung Electro stock at KRW 2.60 million

Samsung Electro-Mechanics plans KRW 6.78 trillion of new semiconductor-substrate capacity in South Korea and Vietnam, while Samsung Electro stock also has a fresh analyst target of KRW 2.60 million. SemiMedia reported the investment plan on October 7, 2026, and Aju Press reported the target increase the same day.

Capacity investment reaches KRW 6.78 trillion

The program allocates KRW 4.27 trillion to the Sejong site and KRW 2.51 trillion to the Vietnam subsidiary. Sejong construction and equipment spending is scheduled from September 2026 through May 2028, with mass production planned for September 2028.

The Vietnam project is scheduled to begin operations by June 2030. The investment supports flip-chip ball grid array substrates for artificial intelligence servers and high-performance computing, while customer funding and medium- to long-term volume commitments improve demand visibility, according to SemiMedia.

Analyst target rises to KRW 2.60 million

DS Investment Securities lifted its target from KRW 1.60 million to KRW 2.60 million on October 7, 2026, while maintaining a Buy rating, Aju Press reported. The firm projected third-quarter revenue of KRW 3.8728 trillion, up 34.1 percent year over year, and operating profit of KRW 651.6 billion, up 150.3 percent.

The forecast operating profit was 4.9 percent above the KRW 621.4 billion market consensus. That comparison makes execution in high-value multilayer ceramic capacitors and package substrates the key test for the expansion thesis.

Revenue growth strengthens the case

Samsung Electro-Mechanics reported Q2 2026 revenue of KRW 3.4572 trillion, up 24.2 percent year over year, and operating profit of KRW 440 billion, with an operating margin of 12.7 percent, according to ATS View.

On the Korea Exchange, the stock was last at KRW 1,546,000 at 3:30 p.m. KST on October 8, 2026, down 3.62 percent from KRW 1,604,000. The 52-week range was KRW 195,400 to KRW 2,417,000, while market capitalization stood at KRW 112.4 trillion.

More news and analyses on Samsung Electro stock are available on the Samsung Electro topic page.