The operating profit of its IM (IT & Mobile) division—Samsung's core business area covering smartphones and tablets—is estimated to have marked a positive growth compared to the second quarter.
A Samsung official said, "The third-quarter results are not lower than those recorded in the previous quarter." As for the sales of Galaxy Note 3, he noted, "The Galaxy Note 3 entered a phase of sell-in and will start sell-out from next week. We expect the sales of Galaxy Note 3 to pick up soon." Samsung's memory business is estimated to have enjoyed a sharp improvement in performance with its operating profit estimated at around 2.5 trillion won.
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