Samsung mira second consecutive year of record profit

Samsung Electronics is on the way to disclose which had its second consecutive year of record profit, as a recovery in its semiconductor business protects South Korean giant from the effects of a market of smartphones more sluggish.
The largest memory chipmaker in the world likely to see their profits with semiconductors for firing high 3 years-a much-needed boost just when sales of its flagship, Galaxy S4, begin to weaken, analysts say.
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The world market for chips had a recovery from the end of 2012 due to a reduction in inventories, caused by years of caution in investment to support prices, and a conversion of manufacturing capacity to produce more profitable chips used in smartphones and tablets.
The expectation is that Samsung release operating profit of 38.5 trillion won (35.85 billion dollars) this year, a third more than in 2012, according to a survey by Thomson Reuters I/B/E/S with 45 analysts. The company said on Friday that the operating profit should reach a record of 10.1 trillion won in the third quarter.