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April 7, 2016 05:05 am GMT

Samsung expects solid first-quarter results as the Galaxy S7 enjoys strong sales

shutterstock samsung s7After sounding a dour note in its last earnings report, Samsung Electronics issued unexpectedly upbeat quarterly guidance today. The company said it expects to report consolidated sales of about 49 trillion won and operating profit of about 6.6 trillion won in the first quarter of 2016. Read More

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