Reuters: Global Markets: Samsung Electronics rises three percent ahead of third-quarter guidance as chip prices firm up

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Samsung Electronics rises three percent ahead of third-quarter guidance as chip prices firm up Oct 2nd 2013, 05:10 SEOUL | Wed Oct 2, 2013 1:10am EDT SEOUL (Reuters) - Shares in Samsung Electronics Co Ltd (005930.KS) rose more than 3 percent late on Wednesday ahead of its third-quarter earnings guidance due out on Friday, as investors took heart from firming memory chip prices. Shares in Asia's biggest technology firm rose 3.04 percent to 1.424 million won ($1,300) as of 0500 GMT. Rival chipmaker SK Hynix Inc (000660.KS) jumped 4.4 percent.

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