FILE PHOTO: The logo of Samsung Electronics is seen at its headquarters in Seoul, South Korea, April 4, 2016. REUTERS/Kim Hong-Ji//File Photo
SEOUL (Reuters) - Samsung Electronics Co Ltd on Thursday forecast solid demand for its chips this quarter and stronger mobile sales after bringing forward the launch of its flagship Galaxy S smartphone, along with a likely pick-up in M&A activity.
The world's top maker of memory chips warned, however, that a stronger currency and costs related to new chip production would lead to a weaker profit result, after posting a 26% jump in operating profit in the fourth quarter.
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