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Samsung sees record quarterly profit on chip demand

2017-07-07 04:01:06| BBC News | Business | UK Edition

The world's largest smartphone maker is thriving despite a political scandal and the Galaxy Note 7 recall.

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Tesla reports first quarterly profit for three years

2016-10-27 00:27:57| BBC News | Business | UK Edition

Electric car maker Tesla reports net income of $21.9m (17.9m) for the third quarter after 13 consecutive quarterly losses.

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Lenovo quarterly sales fall 6%, net profit improves

2016-08-18 08:46:00| Telecompaper Headlines

(Telecompaper) Lenovo reported revenues down 6 percent year-on-year in its fiscal first quarter to June to USD 10.1 billion, hurt by the slowdown in the PC and smartphone markets. Gross profit fell 7 percent to USD 1.5 billion, giving a margin of 15.3 percent, while net profit increased 64 percent to USD 173 million, thanks to cuts to operating costs.

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Lenovo quarterly profit rises 64% despite 'challenging' industry

2016-08-18 03:16:16| BBC News | Business | UK Edition

The world's biggest personal computer-maker Lenovo sees first-quarter profit rise 64% to $173m (132m) amid a "challenging" industry environment.

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Samsung Elec may post 10% jump in quarterly profit; mobile biz likely to see revival

2016-04-07 06:58:26| Semiconductors - Topix.net

Samsung Electronics Co Ltd flagged a 10% jump in quarterly profit on Thursday -- a sign of robust early sales for its new Galaxy S7 smartphones although doubts abound whether momentum can be maintained in the face of new rival offerings. The South Korean tech giant's estimate for first-quarter operating profit handily beat market forecasts and has boosted hopes that its struggling mobile business will post its first annual profit gain in three years, also benefiting from an improved performance for mid-to-low tier devices and cost-cutting efforts.

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