Chip growth delivers Samsung Elec record third-quarter profit

Reuters  |  SEOUL 

(Reuters) - South Korean giant Electronics Co Ltd <005930.KS> posted record quarterly profit on Wednesday, meeting expectations thanks to sales of to data centres and higher production yields.

The world's biggest maker of and smartphones said operating profit rose 21 percent from a year ago to 17.6 trillion won ($15.5 billion) in the July-September period, in line the company's estimate.

($1 = 1,138.4500 won)

(Reporting by Heekyong Yang and Ju-min Park; Editing by Stephen Coates)

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First Published: Wed, October 31 2018. 06:05 IST