Reuters: Hot Stocks: Samsung Elec rises 3 pct ahead of Q3 guidance as chip prices firm up

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Samsung Elec rises 3 pct ahead of Q3 guidance as chip prices firm up Oct 2nd 2013, 05:08 SEOUL | Wed Oct 2, 2013 1:08am EDT SEOUL Oct 2 (Reuters) - Shares in Samsung Electronics Co Ltd 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 jumped 4.4 percent.

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