Samsung forecasts an impressive third-quarter operating profit of 14.5 trillion Korean won



Samsung Electronics sounded an optimistic note in its third-quarter earnings guidance today, forecasting consolidated operating profit of about 14.5 trillion Korean won ($12.8 billion). This amount represents a very healthy 179 percent increase from the 5.2 trillion won it reported in the third quarter of 2016, when its results were hurt by the discontinuation of the Galaxy Note 7.

The chaebol has had a good year so far, posting strong first and second-quarter results thanks to its…

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