Samsung Electronics has estimated its operating profits for the last quarter of 2011 at about KRW5.2 trillion (US$4.5 billion), up 22.4% on quarter and 73.3% on year.

Samsung posted record quarterly operating profits of KRW5.01 trillion in the second quarter of 2010 when its memory and LCD panel businesses performed strongly.

But its component businesses would not play a significant part in the fourth-quarter operating profits. Samsung's chip division, for instance, would report only KRW1.2-1.4 trillion in operating profits - the lowest quarterly level in 2011, according to sources at Korean securities firms.

By: DocMemory
Copyright © 2023 CST, Inc. All Rights Reserved