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

Reuters Tuesday, 8 October 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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News video: Strong phone sales help Samsung beat forecasts

Strong phone sales help Samsung beat forecasts 01:17

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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