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Samsung Electronics sees record sales in Q3 on chip boom Updated: 2021-10-08 21:42:06 KST

Samsung Electronics has reported record sales for the third quarter.
In its earnings guidance on Friday, the company estimated its sales to grow nine percent on-year to top 61 billion U.S. dollars in the July-to-September period.
It also projected a third-quarter operating profit of more than13 billion dollars, up almost 28 percent on-year.
This is Samsung's second highest quarterly operating profit.
Watchers say the gains were largely driven by the firm's semiconductors and new line of foldable phones.
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