Samsung also said revenue for the fourth quarter of 2017 could be 66 trillion won, slightly lower than Reuters' average estimate of 66.8 trillion won.
In recent quarters, as the world's largest producer of memory chips, smartphones and other electronic products, the booming semiconductor business has become Samsung's main profit driver. The company said this is due to the strong demand for memory chips in data centers and new smartphones.
In the previous quarter, the South Korean electronics giant reported operating profit of 14.5 trillion won ($ 12.91 billion), roughly the same as previously forecast, when revenues for the quarter were about $ 55 billion. The company also said it will distribute 29 trillion won in dividends from shareholders to shareholders during 2018-2020. (Si Mei)