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Samsung Electronics forecasting sales, profit rebound in Q4

Bnamericas

Samsung Electronics' sales are projected to come in around 52tn Korean won (US$47.4bn) in 4Q14, the firm reports.

The figure would represent a 7.3tn Korean decline over fourth quarter 2013, although above the 47.5tn Korean won the electronics giant saw in 3Q14.

Operating profit guidance is set at 5.2tn Korean won, below the 5.47tn Korean won Samsung recorded in 4Q13 but over the 4.1tn Korean won seen in 3Q14.

The firm did not provide segment predictions, although Samsung Chile's product manager Ignacio Reyes previously told BNamericas that Brazil and Chile are Latin America's foremost market for Samsung wearable technology.

Pictured above is the Samsung Gear S watch, which was recognized at the Consumer Electronics Show held from January 6-9 in Las Vegas. CREDIT : AFP FORUM

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