Samsung tips record Q3 profit of $7.3 bn | Bangkok Post: news

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Samsung tips record Q3 profit of $7.3 bn

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South Korea's Samsung Electronics said Friday it expected a record operating profit of 8.1 trillion won ($7.3 billion) in the third quarter, boosted by sales of its flagship Galaxy smartphones. 

South Korea's Samsung Electronics said on Friday it expected a record operating profit of 8.1 trillion won ($7.3 billion) in the third quarter, boosted by sales of its flagship Galaxy smartphones. The estimate beat analyst expectations and came with a predicted 26 percent surge in sales.

The estimate beat analyst expectations and came with a predicted 26 percent surge in sales to 52 trillion won in the three months to September, despite uncertainties surrounding Samsung's growing patent battle with Apple Inc.

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