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April 27, 2017 09:19 am GMT

Samsung posts 48% profit jump but its all down to components not smartphones

Despite the Galaxy Note 7 saga andthe arrest of its defacto head on bribery charges, Samsung’s business has bounced back. The company just announced its first quarter financial results, and they are as impressive as it had forecast earlier this month. Operating profit for the quarter rose by 48 percent year-on-year to reach9.9 trillion KRW, or approximately $8.7 billion. That makes… Read More

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