Samsung to Post Record-High Operating Profit in Q4

Samsung Electronics is expected to again post a record profit in the fourth quarter of this year.

Industry experts say brisk sales of its latest smartphones, the Galaxy Note 2 and Galaxy S3, have driven its operating profit to an all-time high. Some local analysts predict it will post approximately US$8 billion, a rise of 67 percent on-year.

Samsung is widely expected to maintain its competitive edge over Apple, with its Galaxy S4 scheduled for release early next year.

Arirang News / Dec. 21, 2012 11:21 KST