Samsung Expects Another Record Quarter: $7.3 Billion Profit, Fuelled By Its Galaxy Smartphones

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http://techcrunch.com – Samsung is reporting a record quarterly profit of $7.3 billion in earnings guidance ahead of its full Q3 report. Reuters notes the figure is nearly double the amount of profit the Korean electronics giant made in Q3 2011, bolstered by strong sales of its Galaxy range of smartphones and high end TVs. Samsung also continues to be a key component provider for Apple but, with DRAM chip prices declining, its mobile division is doing the heavy lifting — accounting for around two-thirds of its total profit in Q3, according to the Reuters report. The news agency notes that most analysts expect (IT news)