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Samsung’s Profit Rises, but So Does the Competition

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Samsung, which is based in Suwon, South Korea, said net income rose to 7.77 trillion won, or $6.9 billion, from 5.19 trillion won a year earlier. Sales rose to 57.46 trillion won, from 47.6 trillion won. But the report showed a decline in earnings from the first quarter in Samsung’s mobile phone business despite the […]

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