Samsung Electronics Co Ltd’s record three-month profit is set to be surpassed in the coming two quarters as the world’s largest semiconductor and flat-screen TV-maker rides a strong recovery in the tech sector.
Longer-term visibility on how such growth momentum will be sustained remains low, however. Samsung estimated its January-March consolidated operating profit at a record 4.3 trillion South Korean won (€2.86 billion). Sales were foreseen at 34 trillion won, in a 33-35 trillion won range. – (Reuters)
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