The South Korean technology giant said on Tuesday it expects an operating profit of about 7.7 trillion Korean won ($ 6.5 billion) for the quarter ending September in September, down from 17.57 trillion Koreans won ($ 14.7 billion) for the same period one year ago. But that forecast hit 7.1 trillion won as analysts expected, according to Refinitive.
It said it expects sales to fall 5% to 62 trillion won ($ 52 billion).
Samsung shares rose by about 1% in Seoul  during morning trading.
Samsung will report revenue at the end of this month.
This is an evolving story …