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Samsung Prepares for Dismal Profits Ahead of Q4 Earnings Later This Month

This is far below earlier predictions, as the South Korean company feels the impact of a weakening worldwide market for consumer electronics. According to Samsung, operational profit for the October–December quarter is probably going to be around 2.8 trillion South Korean won ($2.13 billion), which is 35% less than what the company recorded for the same time last year when the result for the period was 4.31 trillion won. Samsung is the leading global manufacturer of dynamic random-access memory ....

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Samsung teaming up with rival LG for TV production

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