Samsung Electronics sees profit decline on weaker chip demand after strong third-quarter earnings

said on Thursday it expects profits to fall in the current quarter after posting its highest operating profit in two years for the third quarter.

The world’s top maker of smartphones and memory chips posted a 59% jump in operating profit in the July-September quarter, on the back of its second-largest quarterly smartphone profit ever at 4.45 trillion won, the company said.

In the future, Samsung hopes to change from the role of a market participant to the role of the market creator that Steve Jobs advocated.

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