Samsung Electronics released its preliminary financial report for the third quarter of 2014. Affected by the weakness of mobile business, its operating profit in the third quarter may decline by 59.7% year-on-year, to 4.1 trillion won, or about 3.8 billion dollars. This is also the fourth consecutive quarterly decline of Samsung Electronics.

Samsung Electronics expects its revenue in the third quarter to be 47 trillion won, lower than the 50.9 trillion won expected by market analysts on average; The operating profit was 4.1 trillion won, lower than the 5.6 trillion won expected by market analysts on average. Samsung Electronics expects the uncertainty of its mobile business to continue to the fourth quarter, and said that its smartphone shipments improved slightly in the third quarter, and will continue to grow slightly in the fourth quarter.