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Samsung shares up on biggest quarterly net profit since 2013

Net profit for the January-March period jumps 46 per cent from a year ago to 7.68 trillion won

Published Thu, Apr 27, 2017 · 09:50 PM
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Seoul

SOUTH Korean technology giant Samsung Electronics posted its biggest quarterly net profit for more than three years on Thursday after shrugging off the debacle over exploding Galaxy Note 7 batteries.

The results, driven by strong demand for the company's memory chips, represented its second largest ever quarterly profit.

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