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Samsung to ride soaring chip profits for Q1, Galaxy S8 aura in 2017
As Samsung prepares to start selling its revamped Galaxy S8 from April 21, the average forecast from the same survey tips Samsung to report a record 11.9 trillion won profit in the second quarter. "Right now it's about as good as it gets for Samsung." - Park Jung-hoon, fund manager at Samsung shareholder HDC Asset Management
PHOTO: BLOOMBERG
Seoul
RECORD earnings at Samsung Electronics Co Ltd's chip division are set to propel the tech giant's first-quarter profit to a three-and-a-half-year high, and the quarters ahead could be even better if its newest smartphone, Galaxy S8, is a success.
A boom in memory chips spurred...
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