Samsung Electronics said Friday it expected profits to hit an all-time record in the third quarter to September as the South Korean IT giant enjoys booming semiconductor sales.
The company estimated operating profits of 14.5 trillion won ($12.8 billion) in the July-September period, an all-time record for quarterly profit and nearly triple the 5.2 trillion won earned a year earlier.
Sales are estimated to have surged 29.65 percent on-year to 62 trillion won.
Samsung did not announce the performance estimates of each business division but its semiconductor business is widely believed to have contributed greatly to the record-beating report.
The company is set to release its final earnings report later this month.
Samsung has been seeking to move past a bribery scandal which saw the company's de-facto head Lee Jae-Yong thrown into jail and overcome a damaging recall last year of its flagship Galaxy Note 7 smartphone over exploding batteries.
Lee, who was found guilty in August of bribery, perjury and other charges relating to payments made by Samsung to ousted president Park Geun-Hye's secret confidante Choi Soon-Sil, is appealing his five-year sentence and says he is innocent.
Từ vựng liên quan
Tin tức liên quan
China’s foreign ministry on Thursday suggested the Trump administration to use a Huawei handset if it's worried about foreign eavesdropping.
Even weaker economies with less developed industries can threaten Vietnam's auto industry due to its low localization rate, the Trade Ministry said.
While some choose to remain in yesterday's Dalat, relaxed in its ethereal haze, others venture farther to discover a more modern landscape.
The U.S. Senate Saturday confirmed Marc Evans Knapper as the next ambassador to Vietnam, eight months after his nomination by President Joe Biden.
These fortifications built by the U.S. in Long An Province 54 years ago served as a gateway into Saigon.
Prime Minister Nguyen Xuan Phuc has offered his deepest condolences to the families of the Vietnamese victims in U.K. truck tragedy.
South Korea will allow Vietnamese and other foreign workers with expired Employment Permit System (EPS) contracts to become seasonal employees until March 2022.
Nestle Vietnam rose two places to become the best place to work in Vietnam this year, followed by Vietcombank and Viettel, a new survey has found.