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October 25, 2013 08:09 am GMT
Samsung reported that its Q3 operating profit surged 26% to 10.2 trillion won (about $9.6 billion), but continued to warn that its smartphone sales will slow thanks to increased competition. Its earnings growth was driven mainly by Samsung's chip business profit, which doubled to 2.06 trillion won, the highest in three years, thanks to stronger chip prices this year after a fire last month at one of competitor SK Hynix's Chinese plants created a shortage in a key component. 
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/fAdxOSuVpbM/
Samsung Reports 26% Growth In Q3 Operating Profit, But Warns Of Slower Smartphone Sales
Samsung reported that its Q3 operating profit surged 26% to 10.2 trillion won (about $9.6 billion), but continued to warn that its smartphone sales will slow thanks to increased competition. Its earnings growth was driven mainly by Samsung's chip business profit, which doubled to 2.06 trillion won, the highest in three years, thanks to stronger chip prices this year after a fire last month at one of competitor SK Hynix's Chinese plants created a shortage in a key component. Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/fAdxOSuVpbM/
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