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Samsung posts $8.3bn record profit

  • South Korea: Sunday, January 27 - 2013 at 05:18

Samsung Electronics has posted a record 89% increase in quarterly profit to $8.3bn and kept its 2013 investment plans at the previous year's level, Reuters has reported. The world's biggest smartphone maker and a key supplier of memory chips, flat screens and microprocessors for Apple's iPhone and iPad, has increased its capital spending every year except 2009 since 2004.

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