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Samsung Elec sees Q3 profit boost despite smartphone woes| Reuters

Oct 07, 2015    

SEOUL Samsung Electronics Co Ltd on Wednesday said it would post its first quarterly profit gain in two years, beating expectations as strong sales of chips and displays probably offset weakness in its smartphone division.The South Korean tech giant estimated its July-September operating profit would leap 79.8 percent from a year earlier to 7.3 trillion won ($6.29 billion), compared with a 6.7 trillion won profit tipped by a Thomson Reuters SmartEstimate poll of 30 analysts.While analysts attributed much of the earnings surprise to the weaker won, Samsung's shares were on track for their bigge...

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