The final three months of last year were hugely successful for Samsung Electronics, which says it expects to see a big jump in profits over the period.
The success is largely down to record smartphone sales, after the South Korean firm overtook Apple as the world's largest smartphone manufacturer in the second half of 2011.
Samsung analysts said they expect profits for the fourth quarter to be 73% higher than a year earlier, at £2.9 billion. This year will be another year of growth, they say. The official results for the fourth quarter of 2011 will be published later this month.
Lee Seung-woo at Shinyoung Securities said, "Samsung is likely to continue record-breaking earnings this year as earnings from flat screens and memory chips will improve, making up for any potential slowdown in handset growth rates."
Samsung have also been locked in a number of patent battles with competitor Apple in recent months.
Copyright Press Association 2012