Samsung expects its best quarter in three years, despite removing the Galaxy Note 7

Samsung Electronics (KS: 005930) expects to raise its operating profit in the fourth quarter by 50%, to its highest level in three years.

This forecast surpasses the initial expectations and is explained by the solid sales of memory chips and screens.

Fourth quarter profit will improve despite the estimated impact of $ 2.1 billion from the Galaxy Note 7 withdrawal.

The battery of this smartphone was susceptible to fire, a ruling that forced the South Korean giant to remove it from the market.

The world’s largest maker of smartphones, televisions and memory chips plans to present its results on January 24 in Seoul.

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