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Chip growth delivers Samsung Electronics record Q3 profit

2018-08-23T093935Z_938784719_RC17CEDC4010_RTRMADP_3_TELECOMS-NETWORKS-ERICSSON.JPG
South Korean technology giant Samsung Electronics posted record quarterly profit on Wednesday, meeting expectations thanks to sales of semiconductors to data centres and higher production yields.

[SEOUL] South Korean technology giant Samsung Electronics posted record quarterly profit on Wednesday, meeting expectations thanks to sales of semiconductors to data centres and higher production yields.

The world's biggest maker of memory chips and smartphones said operating profit rose 21 per cent from a year ago to 17.6 trillion won (S$21.5 billion) in the July-September period, in line the company's estimate. 

REUTERS

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