Chip demand | Samsung Q4 profit is expected to increase 77% year-on-year record

According to "South Korea Herald" Beijing December 7 reported that the South Korean financial information agency FnGuide data show that in the strong chip business driven by Samsung's fourth-quarter profit is expected to set a new record.

FnGuide said the market generally expected Samsung's operating profit for the fourth quarter to reach 16.3 trillion won (about 14.9 billion US dollars), an increase of 77.2% .This forecast is far more than the Samsung in the third quarter hit 14.5 trillion won operating profit Record.

In addition, Samsung's fourth-quarter revenue is expected to reach 66.1 trillion won, an increase of nearly 28%.

In the local investment bank, Hanwha Investment Securities most optimistic about Samsung, given the highest operating profit is expected to reach 16.9 trillion won.

Analysts expect the chip division to boost Samsung's fourth-quarter profit amid strong global demand, and the unit's operating profit is expected to top 10 trillion won for the first time.