Samsung expects fourth-quarter profit of $8.3B -- another record
Samsung Electronics, the world's largest consumer electronics maker, expects to post another record profit when it reveals its fourth-quarter results later this month on continued strong handset sales .
The South Korean electronics giant estimated today that its fourth-quarter operating profit had jumped 88 percent to 8.8 trillion Korean won ($8.3 billion) over the year-ago period. The forecast, which would represent a fifth consecutive record quarterly profit, beats analysts' expectations of a 8.7 trillion won profit.
The company, which also estimated its fourth-quarter sales at 56 trillion won ($52.6 billion), will announce its results on January … Read more
