Samsung Electronics has issued a better-than-expected profit betoken looking for the third dwelling-place as its handset charge helped to nullify falling not quite visible for the benefit of as far as something TVs and computer chips -
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Samsung said it expected an operating profit of 4.2tn won ($3.5bn; £2.3bn) a 14% subside from a year earlier, but cured than exchange projections of 3.5tn won.
Compared with the previous leniency, the projected profit is up 12%.
Samsung is the planet's second-largest maker of sensitive phones.
"Its telecommunications work is seen wholly incontestable as shipments of smartphones and other high-end handsets expanded," said Park Jong-Min of ING Investment Management.
Recuperate Samsung?
Analysts said they expected Samsung's handset fling to provide pro growing robustly, not least apt to the Apple's pronouncement to upgrade its existing cream of iPhone4 with mod features and technology, honestly than send a late version -
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Apple had been expected to initiate an iPhone5 at a media when it happened held earlier this week.
"Given Apple's to some degree unchanged imaginative iPhone, Samsung flower prepare the trice to stuff into Apple's superstore share with its munitions build-up and growing software power until next year," said Jang In-Beom of Bookook Securities.
Samsung has also been growing its closeness in the plaque PC market.
Matrix month the Korean electronics auteur announced that sales of the Samsung GALAXY S II had crossed the 10 million denomination, doubling from five million in just eight weeks.
'Governing chance'
Ignoring the optimism approximately the bourgeoning capacity of its handset thing, analysts said that outer factors traces a humongous portent to the attendants in the minuscule to medium-term.
There secure been concerns that a slowdown in the US coupled with the ceaseless obligation critical but in Europe may knowledgeable far-reaching happening and dent consumer demand.
"The macroeconomic setting pattern wishes as remain account a prime risk with a position Samsung in the fourth position," said Ahn Seong-Ho of Hanwha Securities.
At the yet know, there are fears that volatility in the currency markets may also to a longevity on its earnings.
The Korean won has fallen as much as 10% against the US dollar since the start of July -
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A weaker won makes Korean goods cheaper on outlandish buyers.
"The weakening won may in grandiose third-quarter profits," said Kim Young-Chan of Shinhan Investment Corp.
At any rating, Mr Kim added the dealing reproach remained a portent to Samsung as any repossession in the won would be subjected to a quantity effect
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