The Projection — a symmetric watercolor butterfly

The Projection

The surface is never the system.

← Samsung

Capital · out

outflows: ~$36B/yr capex + dividends; foundry runs at a loss (subsidized by memory profits); FCF TTM KRW 56,487,140M (~$39B)

high confidence · as of 2026-07-26 · about Samsung

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the working

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A claim is one metric we assert about a node — the value is the summary, this page is the receipt. Sourced from kestrel; supersedes-history not yet shown. Back to Samsung.