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Samsung Beats Estimates as Early Debut of S7 Boosts Sales

2016-04-07 08:00:22| Semiconductors - Topix.net

Samsung Electronics Co. posted a better-than expected first-quarter profit after the early release of Galaxy S7 smartphones gave it a head-start on Apple Inc. and Chinese rivals and helped counter an industry Operating income rose to 6.6 trillion won in the three months ended March, the world's largest maker of phones and memory chips said in preliminary results released Thursday.

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