Dynamic company: Visitors in front of a Samsung logo at a trade show for consumer electronics and home appliances in Berlin, Germany in August. Samsung Electronics, the world’s top memory chipmaker, due to report preliminary results on Oct 5, is forecast to book an 18 surge in operating profit to 17.2 trillion won (US15.5bil). — Reuters
SEOUL: Samsung Electronics Co Ltd is set to post a hefty jump in third quarter profit to record levels after its chip unit put in a sterling performance on demand from data centres and improved production yields.
The July-September quarter is, however, expected to mark a peak in earnings as a two-year super cycle of tight supply and soaring demand comes to an end, with prices of some types of chips already sliding sharply.
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