News Summary: Samsung sees quarterly earns at high

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News Summary: Samsung sees quarterly earns at high

By The Associated Press

GOOD QUARTER: Samsung Electronics Co. forecast another record quarterly operating profit. The guidance for Samsung's third-quarter earnings showed it was on track to report a record-high profit for a fourth straight quarter.

STRENGTHS AND WEAKNESSES: Strong sales of high-end smartphones are expected to offset weak semiconductor orders.

LOOKING AHEAD: Analysts say a rise in marketing spending will decrease the company's profit in the October-December quarter and sustaining fat margins in premium mobile devices could be increasingly tough.

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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