SEOUL--Samsung Electronics Co. expects third-quarter operating profit will be its highest ever, topping analyst estimates as demand for its electronic components remains high.
The world’s largest smartphone and semiconductor maker Friday said it expected an operating profit of 17.5 trillion South Korean won ($15.4 billion) for the quarter, up 20% from 14.53 trillion won a year earlier. Samsung expects revenue will increase to 65 trillion won from 62 trillion won.
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