Samsung Electronics released its preliminary Q3 2017 financial results. Operation profits rose 15% from last quarter to reach 14.5 trillion Won (around $12.8 billion USD). Samsung's memory business enjoyed strong pricing, and while the company did not detail its smartphone sales breakdown, it said earlier that initial pre orders for the Galaxy Note 8 were the highest ever for any Note device.
Samsung Display had a disappointing quarter - with profit falling 53% over last quarter. LCD panel pricing was lower in the quarter, and OLED sales were lower than expected due to delayed shipments of its flexible OLEDs to Apple.