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Samsung tips 6 percent gain in 3Q profit after recall

According to financial data provider FactSet, analysts expected 7.5 trillion won. The results give clues about the short-term financial impact of an unprecedented recall of Samsung's flagship smartphone.
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Samsung Electronics reported its lowest annual profit since 2011 during its earnings call today as its smartphone sales continue to suffer from increasing competition. In 2014, the company’s profit was 25 trillion won, a 32 percent ...

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Samsung said that it expects to post first quarter operating profit of about 8.7 trillion won ($7.7 billion USD), up 53 percent from the 5.7 trillion won operating profit it earned a year earlier. The South Korean tech giant also sa...

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Samsung Electronics expects to report a slight gain in operating profit for the third quarter compared with a year earlier, even as the South Korean smartphone giant wrestled with a global recall of its premium Galaxy Note 7 smartph...


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