Wednesday, October 6, 2010

Samsung to hit $5.6b Q3 profit

SEOUL - SOUTH KOREA'S Samsung Electronics on Thursday estimated its third-quarter operating profit at 4.8 trillion won (S$5.6 billion), lower than analysts had expected. The company, the world's largest maker of memory chips and flat-screen TVs, predicted that revenue would rise 11 per cent to 40 trillion won in July-September compared to a year earlier. The estimate for operating profit ...
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