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Samsung Electronics Sees Weak Quarter as Profit Peaks

Samsung Electronics Co., the world’s biggest maker of televisions, memory chips and flat screens, forecast weaker fourth-quarter earnings because of falling prices and the strengthening South Korean won.

Oversupply of computer-memory chips and the drop in liquid-crystal display prices will persist, the Suwon-based company said in a statement. Samsung, which today reported record third-quarter profit, also said it anticipates “severe” competition in TV prices during the year-end season.