Samsung Forecasts 78% Plunge in Q3 Profit But 12% Rise in Revenue
- Samsung expects 78% drop in Q3 operating profit but revenue to increase 12%
- Operating profit forecast at 2.4 trillion won vs 10.85 trillion won a year ago
- Revenue forecast at 67 trillion won vs 76.78 trillion won a year ago
- Guidance slightly exceeded analyst expectations for revenue and profit
- Samsung shares surged over 3% on the news
