Sunday, April 8, 2012

Samsung expects profits to double

Samsung expects profits to double

Samsung Electronics has stated that they expect their mobile sales to help drive up their profits for the first three months of the year. The South Korean company forecasts an operating profit of USD 5.1 billion for the period. Healthy margins despite the competition, coupled with huge sales of the Galaxy-branded phones that have made Samsung the largest smartphone manufacturer, are the primary factors.

Android Phone, Samsung expects profits to double

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