Samsung posts $7. 3 billion third-qurter profit, this quarter will be tougher
SEOUL (Reuters) – Samsung Electronics reported a record quarterly profit of $7. 3 billion, nearly double last year’s figure, as strong sales of high-end TVs and Galaxy smartphones more than offset reduced orders for chips and screens from Apple Inc, its main rival and leading customer. Most analysts, however, expect a run of four straight record quarters to end in December as the South Korean group, the world’s leading maker of smartphones, TVs and memory chips, ramps up its marketing to counter Apple’s new iPhone and other products in a crowded $200 billion global smartphone market. . . .
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