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Wednesday, 29 October 2014

Samsung Q3 profits slide amid mobile woes

http://ift.tt/eA8V8J Samsung Electronics Co Ltd (KSE:005930.KS - News) said third-quarter profit fell 60.1 percent from a year earlier to the lowest in more than three years, as earnings for the mobile division continued to shrink. Profit for the mobile division, which drove Samsung's earnings growth in 2012 and 2013, shrank to 1.75 trillion won from 6.70 trillion won a year earlier.



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