Memory Market Drives Another Record in 3Q for Samsung
Samsung has again announced very strong quarterly earnings guidance for operating profit to rise 179% year on year and 3% sequentially to approximately KRW 14.5 trillion for the third quarter. Revenue of around KRW 62.1 billion would also be up 30% year on year. The third-quarter 2016 was depressed by the Note 7 battery issues which boosts year-on-year growth rates but quarterly revenue, operating profit and operating profit margin of 23.4% in third-quarter 2017 would all be record highs for Sam...
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