Samsung Electronics has forecast that company will earn better in third quarter as its handset business helped to offset falling demand for TVs and computer chips.
Samsung expecting to earn operating profit of 4.2tn won ($3.5bn; £2.3bn) a 14% dip from a year earlier, but it is very handsome profit figure than market projections of 3.5tn won.
As compared with the previous quarter, the projected profit would be increased upto 12%.
Samsung is the world's second-largest maker of mobile phones.
"Its telecommunications business is seen very positive as shipments of smartphones and other high-end handsets expanded," said Park Jong-Min of ING Investment Management.
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