The Galaxy device maker’s operating profit for Q3 was its second-highest to date, thanks to semiconductors and smartphones.
Samsung said on Friday in its earnings guidance that it recorded 73 trillion won in sales and 15.8 trillion won in operating profit during the third quarter this year. The quarterly sales figure is its highest to date while operating profit was its second-highest so far, trailing only its 2018 third quarter operating profit. Sales and operating profit increased 9% and 27%, respectively, from a year prior. South Korean analysts expect semiconductors and smartphones to be what has led to Samsung’s strong growth.
