Samsung forecasts a hefty 52% Q4 profit hike

Korean tech giant Samsung has issued earnings guidance for the final quarter of 2021, showing a likely 52% profit jump.
Consolidated sales for the period came in at around KRW 76 trillion, while consolidated operating profit was approximately KRW 13.8 trillion.
That represents around a 52% year on year jump in profits for Q4 2021, and a 23% rise in sales. Which sounds like great numbers to finish off the year with, but apparently market expectations were even higher.
The WSJ pointed out: “