Samsung Electronics expects a profit of 8.8 trillion won in the fourth quarter, with the semiconductor business declining the most.

CTOnews.com October 30 news, According to Yonhap news agency reported, South Korean financial information enterprise statistics forecast values show, Samsung Electronics fourth quarter revenue profit is expected to be 8.8 trillion won (about 44.88 billion yuan), Year-on-year decrease of 36.8%, Annulus decrease of 19.2%.

Among them, the semiconductor business sector profit fell the most, the securities industry generally forecast profits of 2 trillion won (about 10.2 billion yuan) to 4 trillion won (about 20.4 billion yuan), year-on-year or more than half.

Financial data showed that Samsung Electronics 'operating profit fell to 10.85 trillion won (about 55.01 billion yuan) in the third quarter from 15.8 trillion won (about 80.106 billion yuan) in the same period last year, the first year-on-year decline in nearly three years.

CTOnews.com learned that in the third quarter, Samsung Electronics 'net profit was 9.14 trillion won (about 46.34 billion yuan), down 24% year-on-year; third quarter sales were 76.78 trillion won (about 389.275 billion yuan), up 3.8% year-on-year.