Samsung expects Q4 operating profit of $11.4B, up 52% YoY, on revenue of $63B, up ~24% YoY, thanks to improved returns from its contract chip-making business (Jiyoung Sohn/Wall Street Journal)

Jiyoung Sohn / Wall Street Journal:
Samsung expects Q4 operating profit of $11.4B, up 52% YoY, on revenue of $63B, up ~24% YoY, thanks to improved returns from its contract chip-making business  —  South Korean company benefits from continued strength of the semiconductor business  —  SEOUL— Samsung Electronics Co. is forecasting …