Samsung Electronics is projecting a Q3 profit of $7.67 billion, marking a fourfold year-over-year increase. However, the company faces challenges in the premium phone market, risks in the DRAM market, and competition in AI chips. Despite these challenges, Samsung's Chief Jay Y. Lee has stated that the company is not interested in spinning off its foundry or system LSI business. Lee emphasized the company's ambition to grow its business, particularly in the foundry and system LSI sectors, and mentioned a new chip factory project.