Big boost: Samsung Electronics flagged a nearly 80% jump in its third-quarter operating profit, which analysts put down to a weaker Korean currency and improved sales of televisions and semiconductors.
SEOUL: Samsung Electronics Co Ltd said it would post its first quarterly profit gain in two years, beating expectations as strong sales of chips and displays probably offset weakness in its smartphone division.
The South Korean tech giant estimated its July-September operating profit would leap 79.8% from a year earlier to 7.3tril won (RM27.01bil), compared with a 6.7tril won (RM24.79bil) profit tipped by a Thomson Reuters SmartEstimate poll of 30 analysts.
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