Tuesday, April 29, 2014

Samsung Q1 net profit hits $7.3 bn, smartphone income dips

Samsung Electronics reported Tuesday its net profit had risen 5.9 percent year-on-year in the first quarter with a decent showing by its chips division offsetting sliding smartphone revenue. The South Korean giant logged 7.57 trillion won ($7.3 billion) of net profit in the first three months of the year, but saw operating profit slip 3.3 […]

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