SEOUL—Samsung Electronics Co Ltd is likely to turn in its best quarterly profit in three years and record revenue, on rising memory chip prices and brisk sales of its new foldable smartphones, analysts’ estimates show.
Operating profit for the world’s biggest memory chip and smartphone maker likely jumped to 16.1 trillion won ($14 billion) in the quarter ended September, according to a Refinitiv SmartEstimate from 16 analysts, weighted toward those who are more consistently accurate.
