The company estimated operating profits of 14.5 trillion won ($12.8 billion) in the July-September period, a record for quarterly profit and almost three times the 5.2 trillion won earned a year earlier.
Samsung said its July-September profit was likely 14.5 trillion won ($12.81 billion), compared with an average forecast of 14.3 trillion won from a Thomson Reuters survey of 20 analysts.
The company also estimates third-quarter sales of 62 trillion won compared to 47.82 trillion won a year ago.
The South Korean company did not elaborate on its performance and will disclose detailed earnings in late October.
Amazon's Roy Price Has Been Suspended
Hackett claimed Price did not stop once they arrived at the party and even approached her and loudly said, "Anal sex!" in her ear. Amazon did not respond to multiple requests for comment regarding McGowan's claims.
Strong global demand for DRAM chips will continue to outpace supply in 2018 as new plants from Samsung and No. 2 memory chip maker SK Hynix are not expected to operate until 2019, while demand for NAND flash chips exceeded supply for six straight quarters as of last month, DRAMeXchange, a division of data provider TrendForce, said. The company said it will announced its final third quarter results later this month.
KB Securities added that rising sales of the Galaxy S8 and Galaxy Note 8 smartphones will also improve the profitability of the mobile division, putting the sector's operating profit estimate at a better-than-expected 3.3 trillion won.
Samsung raked in 8.03 trillion won from the chip business in the April-June period in operating profit, along with 4.06 trillion won from the mobile arm.
Vice Chairman Kwon will also resign as the Chief Executive Officer of Samsung Display.
Warm with chance of scattered showers
Actually, for the past five days in a row (and counting) temperatures have remained consistently above normal by about 15 degrees. This front will move southward into western Mass by late Sunday and Monday with showers and cooler temps to follow behind it.
Mirae Asset Daewoo Securities added the consumer electronics division will experience growth on the back of strong seasonal demand.
Kwon is 65 and has been the face of Samsung in the absence of the company's de facto chief, Lee Jae-yong.
Shares in Samsung Electronics were trading down 0.77 percent on heavy profit taking in mid-morning trade. Samsung announced its earnings guidance before the market opened Friday.
Six people taken to hospital after attempted prison escape in NC
Police are responding to an escape attempt at Pasquotank Correctional Institution that left several prison employees injured. Elizabeth City is about 50 miles (80 kilometers) south of Norfolk, Virginia, and near North Carolina's Outer Banks.
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