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January 6, 2017 06:32 am GMT
Samsung had a pretty dire last quarter of business as profits sunk by 30 percent thanks primarily to the recall of the Galaxy Note 7. There’s now some New Year cheer, however, with news that the Korean firm is forecasting profit for its current Q4 2016 quarter to jump by 50 percent year-on-year. Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/lte3wbpGpUI/
Samsung forecasts 50% profit jump despite Galaxy Note 7 saga
Samsung had a pretty dire last quarter of business as profits sunk by 30 percent thanks primarily to the recall of the Galaxy Note 7. There’s now some New Year cheer, however, with news that the Korean firm is forecasting profit for its current Q4 2016 quarter to jump by 50 percent year-on-year. Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/lte3wbpGpUI/
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