October 30, 2018 / 11:53 PM / 14 days ago

Chip growth delivers Samsung Elec record Q3 profit

SEOUL, Oct 31 (Reuters) - South Korean technology giant Samsung Electronics Co Ltd posted record quarterly profit on Wednesday, meeting expectations thanks to sales of semiconductors to data centres and higher production yields.

The world’s biggest maker of memory chips and smartphones said operating profit rose 21 percent from a year ago to 17.6 trillion won ($15.5 billion) in the July-September period, in line the company’s estimate. ($1 = 1,138.4500 won) (Reporting by Heekyong Yang and Ju-min Park; Editing by Stephen Coates)

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