Samsung Elec Q3 earnings beat forecasts


  • Business
  • Saturday, 18 Oct 2003

SEOUL: Samsung Electronics Co Ltd, the world’s biggest memory chipmaker, reported yesterday a better-than-expected 6.6% increase in third-quarter profit, lifted by improved sales of its mainstay product. 

The company, which also is a top maker of mobile phones and consumer electronics, is benefiting from booming demand for its flash memory chips used in digital cameras and phone handsets. 

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