Seoul: Samsung Electronics Co Ltd's third-quarter profit rose 28% to its highest in three years, as strong memory chip prices, chip contract manufacturing and display sales outweighed increased costs to produce consumer electronics.
Seoul: Samsung Electronics Co Ltd's third-quarter profit rose 28% to its highest in three years, as strong memory chip prices, chip contract manufacturing and display sales outweighed increased costs to produce consumer electronics.
Operating profit rose to 15.8 trillion won ($13.48 billion) for July-September, from 12.35 trillion won a year earlier, the world's top maker of memory chips and smartphones said.
That was in line with the company's estimate of 15.8 trillion won earlier this month.
(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)
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