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Samsung's third-quarter profit estimate exceeds expectations on smartphone sales

Credit: Reuters- Published on October 8, 2019
Samsung Electronics flagged slightly better than expected third quarter profit on Tuesday, helped by strong sales of its new Galaxy Note 10 smartphone series even as a slump in its memory chip business continued to weigh on earnings.
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Video credit: Reuters Studio
Published on October 8, 2019 -  01:17
Strong phone sales help Samsung beat forecasts
Strong shipments of Galaxy Note 10 smartphones are limiting forecast profit falls at Samsung Electronics, raising hopes it is getting back on a growth track after years of moribund sales. Julian Satterthwaite reports.

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