Samsung posts record profit in Q3 on AI chip boom - Reuters

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• Samsung expects capex to rise ~60% to ~$63B this year, with HBM capacity sold out through 2027 and 10 long-term supply deals secured with key customers (Bloomberg)

  Driven by intense demand for advanced semiconductors, Samsung Electronics Co. is escalating investments to dramatically scale up its operations. This aggressive financial expansion directly addresses a massive backlog, with the South Korean tech giant securing long-term commitments from major clients to guarantee multi-year revenue visibility.

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• Construction firm charged with operating unlicensed foreign worker dormitory

  Singapore authorities took enforcement action against LBD Engineering and its general manager for illegally converting an industrial factory space into unauthorized living quarters. The Ministry of Manpower intervened to enforce strict regulatory standards designed to protect migrant worker welfare from unregulated housing conditions. This prosecution highlights the government's continued crackdown on companies that bypass statutory safety protocols to house commercial laborers.

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• Google's search revenue rose 12% YoY to $63.25B in Q3 2026, down from 14.5% in Q3 2025, with Google attributing the slowdown to "lower monetization" in AI Mode (Simon Sharwood/The Register)

  The technology giant faces growing financial friction as user transitions toward artificial intelligence tools outpace immediate ad returns. Despite bringing in tens of billions of dollars, the cooling expansion rate highlights the operational challenges of generating profit from newer interactive search features. Meanwhile, massive infrastructure investments continue to weigh on the company's broader operational balance sheet.

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