When the Korean appliance and electronics giant announced weaker than expected guidance on Tuesday for Q3 earnings, vice chairman Young Hyun Jun addressed the results in a forthright letter to customers,

Operating profit for Samsung, the world's top maker of memory chips, smartphones and TVs, likely stood at 10.33 trillion won ($7.67 billion) in the quarter ended Sept 30, according to an average from 29 analysts with LSEG SmartEstimate, weighted toward those who are more consistently accurate.

Q3 earnings guidance SEOUL, Oct. 8 (Yonhap) -- Samsung Electronics Co. on Tuesday estimated its third-quarter operating profit nearly tripled, but missed market expectations due to the lukewarm performance of its high-end memory chips used in artificial intelligence computing.

Samsung Electronics reported a preliminary operating profit of approximately 9.1 trillion won ($6.8 billion) for the quarter ending September 30, missing the 10.3 trillion won forecast by LSEG SmartEstimate.

Samsung Electronics estimated on Tuesday its third-quarter operating profit jumped 274%, but that was short of analysts' estimates as the tech giant struggled to capitalise on strong demand for chips used in artificial intelligence servers.