Samsung Electronics had record Q3 sales of  $59 billion – up 8% y-o-y – for a profit of $8.3 billion – up 49% y-o-y.

Booming Q3 for Samsung

Phone sales were up 50% delivering a $4 billion profit  and semiconductor sales were up 82% delivering a $4.8 billion profit.

Operating profit was up  59% to $11 billion.

Samsung warned that Q4 server chip revenues are going to be weak.