Samsung Electronics took a hard hit in Q3 due to expenses and missed profits from the Galaxy Note7 recall, but the the company bounced back for the holiday quarter on the back of its chip business. The average forecast is USD 6.66 billion (KRW 7.91 trillion) in operating income, but some analysts now believe the number could be as high as USD 7.23 billion (IBK Securities Co. In particular). This would represent a major 68% jump from teh previous quarter. The operating profit just from the semiconductor business will be on the order of USD 3.3 billion, up from USD 2.8 billion in the...
Source: http://www.gsmarena.com/analysts_samsung_electronics_to_report_better_than_expected_q4_financials-news-22503.php
