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Samsung sees sunnier days ahead despite another fall in profit

Rebound buoyed by better-than-expected early sales of Galaxy S6 phone, new demand for microchips

Published Tue, Apr 7, 2015 · 09:50 PM

Hong Kong

AFTER a tough 2014 for Samsung Electronics, the beleaguered South Korean manufacturer says it expects earnings in the first quarter of 2015 to beat analyst forecasts, in the first sign of a possible turnaround for the company.

In a news release, Samsung said its operating profit was likely to have fallen about 30 per cent in the first three months of the year compared with the same period in 2014.

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