Samsung's storming smartphone performance will lead the manufacturer to post a record fourth quarter profit of 8.8 trillion Korean Won (£5.16bn).
The manufacturer issued guidance this week about its fourth quarter performance, with profits predicted to be up 89% on 2012. Sales will be around 56 trillion Won (£32.75bn). The Korean manufacturer will reveal its fourth quarter results later this month.
Samsung had a strong close to 2012, with it bolstered by the news in November that its flagship Galaxy S III handset has overtaken the iPhone 4S to become the world's bestselling smartphone.
Author: Graeme Neill