Samsung Sees Road to Recovery Ahead

Posted by on Oct 6th, 2009 and filed under Internet. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed. | Viewed 771 times.

Samsung Electronics said Tuesday that profit likely surged in the third quarter on higher sales, amid a brightening outlook for the world’s largest manufacturer of computer memory chips and flat screen televisions. The Suwon, South Korea-based corporation expects to record a consolidated operating profit of between $ 3.34 billion and $3.67 billion for the three months ended Sept. 30, it said in a statement. Samsung recorded consolidated operating profit of $1.27 billion in the same period last year.

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