Samsung to report record profits
January 27th, 2012 by admin
According to forecasts, Samsung will report unprecedented profits for its fourth quarter, thanks in large part to the success of its Galaxy range of smartphones. The company posted a record profit of $4.5 billion for the last quarter ending 30 December 2010. Samsung said the main drivers for this performance are its mobile division, as well as its $1.4 billion sale of its hard disk drive business to Seagate. Samsung plans to announce its full financial results later in January 2012. SOURCE: Holland Casino
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