Samsung sees about 52-per-cent rise in Q4 operating profit

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DPA

Samsung Electronics expects that its fourth-quarter operating profit will rise about 52.49 per cent from last year, reflecting solid demand for server memory chips and higher margins. The company projects quarterly sales will increase 23.48 per cent. The South Korean tech giant projects operating profit of about 13.80 trillion Korean won (11.48 billion US dollars) in the fourth-quarter, compared to 9.05 trillion won reported last year, while it reported operating profit of about 15.82 trillion won in the third-quarter. The company also expects fourth-quarter consolidated sales of about 76 tril…

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