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Samsung forecasts world record-breaking $80B profit

SiliconANGLEOctober 8, 20264 min read

Samsung Electronics Co. Ltd. said it expects to deliver a world record-breaking quarterly profit for the technology industry, exceeding 100 trillion won for the first time. In a preliminary third-quarter earnings report late today, the company said it’s anticipating an operating profit of a stunning 107.4 trillion won (about $80.17 billion), up more than nine […] The post Samsung forecasts world record-breaking $80B profit appeared first on SiliconANGLE.

Samsung Electronics Co. Ltd. said it expects to deliver a world record-breaking quarterly profit for the technology industry, exceeding 100 trillion won for the first time. In a preliminary third quarter earnings report today, the company said it’s anticipating an operating profit of a stunning 107.4 trillion (around $80.17 billion), up more than nine-times from the same quarter one year ago. If so, that would be a record not only for…

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