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Brokerage ups Samsung Electronics' Q3 operating profit forecast.
(From Yonhap)
SEOUL, Sept. 23 (Yonhap) -- Hyundai Securities Co., a South Korean brokerage, said Friday it has raised its forecast for Samsung Electronics Co.'s operating profit for the third quarter on expectations of higher sales in mobile phones, chips and flat panels. Samsung Electronics, the world's No. 1 computer-memory chipmaker and No. 3 mobile phone vendor, may post 2.19 trillion won (US$2.13 billion) in third-quarter operating profit, up from an earlier …
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