Samsung flags nearly 80 jump in Q3 operating profit

SEOUL (APP) – South Korea’s Samsung Electronics on Wednesday flagged a nearly 80 percent jump in its third-quarter operating profit as a weaker Korean currency helped boost overseas sales.

In an earnings estimate, the giant smartphone and memory-chip maker predicted an operating profit of around 7.3 trillion won ($6.3 billion) for the July-September period, up from 4.1 trillion a year ago.