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Samsung Electronics posts Q3 operating profit of 107.4 trillion won, up 783 percent

Samsung Electronics said on Oct. 29 it posted third-quarter consolidated revenue of 195.3 trillion won and operating profit of 107.4 trillion won, up 127 percent and 783 percent from a year earlier. It said it was the first global tech company to exceed 100 trillion won in quarterly operating profit. The semiconductor unit led results, while the device unit posted an operating loss. Net profit was 75.1 trillion won.