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Samsung's operating profit rises for 4 quarters, topping estimates

Samsung Electronics, one of the world’s major makers of smartphones, memory chips and TVs, said Wednesday that its third-quarter operating profit rose for four straight quarters, topping analysts' estimates.

Preliminary figure for consolidated operating profit was estimated at 7.3 trillion won (6.3 billion U.S. dollars) in the three months ending Sept. 30, the company said in its earnings guidance for the third quarter.

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