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SAMSUNG ELECTRONICS Q4 OPERATING PROFIT TIPPED TO GROW 10.8 PCT.
SEOUL, Dec 1 Asia Pulse - Samsung Electronics Co. (KSE:005930, the world's largest memory chipmaker, is expected to see its fourth-quarter operating profit rise more than 10 per cent from three months earlier on brisk sales of flash memories and flat panels, a local brokerage house said Thursday.
Hyundai Securities Co. predicted Samsung Electronics' operating profit would reach 2.35 trillion won (US$2.27 billion) for the quarter ending Dec. 31, up 10.8 per cent from the previous quarter.
The optimistic forecast comes despite a drop in D-RAM prices, which are expected to decrease 15 per cent during the fourth quarter compared with a year earlier, it said.
"Such a sharp drop in D-RAM prices will negatively affect Samsung Electronics' bottom line," Kim Jang-yul, a Hyundai Securities analyst, said. "However, ...
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