Samsung Electronics is indeed one of the very biggest companies in the world and of course is the largest technology company all actors across the globe and now it seems as if the tech giant is actually gearing up to announce its very best quarterly profit for three years and is also looking towards the prospect of accounting for record revenue figures. In accordance with what estimates as per analysts says, the company is indeed likely to post record revenue on rising memory chip prices as well as rising sales courtesy of its latest foldable devices. As a matter of fact, it has also been confirmed actually that the brand has managed to sell more than a million units of its foldable devices in South Korea alone thus far. A report coming in from 16 analysts claims that the operating profit for the world\u2019s biggest memory chip and smartphone maker proceeded on to jump to 16.1 trillion won \u2013 which is equivalent to $14 billion \u2013 for the quarter ending September Also Read: Samsung postpones 3nm chip production If this does indeed turn out to be true, then the company is in fact on track to report a 30 percent hike from 12.35 trillion won it managed a year earlier. This would also then end up meaning that it\u2019s the highest that the brand has seen since the third quarter of 2018. As far as revenue goes, It is said to have rose 11 percent. The global shortage of semiconductors have led to price hikes which were unimaginable not so long ago amidst the whole Covd-19 pandemic situation, and courtesy of this, Samsung soared 45% and hence hit a record high at the start of this year. And now, with the situation slowly getting in control, the prices of semiconductors are finally said to get back on track and hence the situation back to normality.