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Samsung forecasts better-than-expected third quarter profit

2015-10-07 16:19:31| Electronics - Topix.net

Samsung Electronics Co has forecast a sharp jump in quarterly profit as favourable currency rates and robust component sales appeared have to offset weakness in smartphones. The extent of the expected quarterly profit gain, its first in two years, will do much to allay concerns that the South Korean tech giant's earnings would not be able shake off the loss of smartphone market share to Apple Inc in the premium segment and to Chinese rivals at the lower end.

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Samsung Sees Third-Quarter Profit Rebounding

2015-10-07 07:44:29| Electronics - Topix.net

Samsung Electronics Co. estimated its third-quarter operating profit rebounded sharply from a year earlier on robust sales of chips and displays used in mobile phones and other gadgets.

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Samsung Sees Third-Quarter Profit Rebounding

2015-10-07 06:56:06| Semiconductors - Topix.net

Samsung Electronics Co. estimated its third-quarter operating profit rebounded sharply from a year earlier on robust sales of chips and displays used in mobile phones and other gadgets.

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Samsung Elec third-quarter profit guidance beats estimates

2015-10-07 03:42:32| Semiconductors - Topix.net

Samsung Electronics Co Ltd said on Wednesday its July-September operating profit likely leapt 79.8 percent from a year earlier, beating expectations and pushing the South Korean tech giant's share price sharply higher. Samsung, in a regulatory filing, estimated its third-quarter profit at 7.3 trillion won , its first quarterly profit gain in two years and its biggest since the first quarter of 2014.

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Samsung profit forecast up 80%

2015-10-07 03:42:11| BBC News | Business | UK Edition

Electronics giant Samsung estimates its third quarter operating profit will be 7.3t won ($6.29bn; 4.13bn) - up 79.8% from a year earlier.

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