SEOUL—Samsung Electronics Co.’s expectations for its third-quarter earnings provided some enthusiasm that the beleaguered global tech supply chain could be nearing a rebound.
Samsung, the world’s largest producer of memory chips and smartphones, said it expects a third-quarter operating profit of 7.7 trillion South Korean won . That would be a drop of 56.2% from a year earlier—when profit soared to a record high—though it bested a 7.2 trillion won estimate based on analysts polled by S&P Global Market Intelligence.