select languages
sns RSS mobile twitter widget
latestnewslatestnews RSS
Home > Tech/Science
(3rd LD) Samsung Electronics' Q3 profit to miss forecast on LCD prices
By Lee Youkyung
SEOUL, Oct. 7 (Yonhap) -- Samsung Electronics Co., the world's largest maker of memory chips and liquid-crystal display (LCD) panels, said Thursday its third-quarter profit will likely hover below a market consensus as weak demand pushed down LCD panel prices.

Unveiling its earnings guidance, Samsung estimated its operating profit for the July-September period at 4.8 trillion won (US$4.3 billion), up 13.7 percent from 4.22 trillion won a year ago. But the advance estimate represents a decline from the company's record operating profit of 5.01 trillion won in the previous three months.