AP News

News Summary: Samsung sees quarterly earns at high


GOOD QUARTER: Samsung Electronics Co. forecast another record quarterly operating profit. The guidance for Samsung's third-quarter earnings showed it was on track to report a record-high profit for a fourth straight quarter.

STRENGTHS AND WEAKNESSES: Strong sales of high-end smartphones are expected to offset weak semiconductor orders.

LOOKING AHEAD: Analysts say a rise in marketing spending will decrease the company's profit in the October-December quarter and sustaining fat margins in premium mobile devices could be increasingly tough.


Burger King's Young Buns
LIMITED-TIME OFFER SUBSCRIBE NOW

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

 
blog comments powered by Disqus