SEOUL, South Korea — Samsung Electronics estimates its operating profit for the last quarter of 2012 nearly doubled over a year earlier to a record-high.
The company’s earnings preview puts October-December operating income at 8.8 trillion won ($8.3 billion), slightly higher than the market consensus of 8.7 trillion won. The world’s largest maker of mobile phones, memory chips and TVs tipped its fourth-quarter revenue at 56 trillion won, up 18 percent from a year earlier. Nearly 70 percent of the operating income for the quarter comes from Samsung’s mobile division. Samsung has renewed its quarterly operating profit since the final quarter of 2011 as sales of Galaxy S smartphones and handsets helped it emerge as the top mobile-phone maker.