Looking ahead, demand for TV panels is expected to grow in the next quarter as TV makers prepare for the end-of-year high-demand season and the Chinese National Day holidays.

ENGADGET: Samsung's Q2 2012 earnings show $5.86 billion operating profit, that's a lot of Galaxy S IIIs

In contrast, we expect market conditions for NAND to improve in the lead-up to the National Day and Black Friday holidays in China and the U.S., respectively.

ENGADGET: Samsung's Q2 2012 earnings show $5.86 billion operating profit, that's a lot of Galaxy S IIIs