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HindustanTimes Sat,19 Apr 2014

Corporate News

Samsung tips record Q3 profit of $7.3 bln
AFP
Seoul, October 05, 2012
First Published: 08:03 IST(5/10/2012)
Last Updated: 08:57 IST(5/10/2012)
A man walks past Samsung smart phones, Galaxy S3, at a mobile phone shop in Seoul. (AFP Photo/Jung Yeon-Je)

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 Galaxy smartphones.

Samsung, the world's largest technology firm by revenue, was giving earnings guidance before official results later this month. The predicted operating profit for July-September represents a 90.5 percent rise from a year earlier.


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