Samsung Electronics shares trade at new record intraday high

Samsung, the world's No. 1 smartphone and memory chip maker, in late July reported its best quarterly profit in more than two years as its flagship Galaxy S7 smartphones propelled mobile earnings.

The median price target price from a Thomson Reuters I/B/E/S survey of 43 analysts for Samsung Electronics shares is currently 1.8 million won.

($1 = 1,105.5100 won)

(Reporting by Se Young Lee)