SEOUL -- Samsung Electronics is likely to report a double-digit increase in operating profit during the third quarter thanks to strong demand for semiconductors and foldable smartphones as well as a weak local currency.
Analysts say the South Korean tech giant's operating profit may even exceed the market expectation of an increase of 27.6% year-on-year to 15.8 trillion won ($13.4 billion) in the July-to-September period on the back of rising prices for memory and foundry chips.
