Welcome to the world of facts and news: Samsung Electronics Likely to Ride Rising Chip Prices, Phone Sales to Report Best Quarterly Profit in 3 Years

Samsung Electronics Likely to Ride Rising Chip Prices, Phone Sales to Report Best Quarterly Profit in 3 Years

Samsung is likely to turn in its best quarterly profit in three years and a record revenue, on rising memory chip prices and brisk sales of its new foldable smartphones, analysts' estimates show.

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