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Samsung Q1 profits disappoint.


7 Apr 2011
Samsung posted somewhat disappointing first-quarter results today, though it did generate a sizable profit.
For the first quarter of 2011, Samsung reported revenue of 37 trillion Korean won ($34.5 billion), representing a 7 percent increase compared to the same period in 2010. The company posted a profit for the quarter of 2.78 trillion won, but that figure was down a substantial 30 percent year over year.

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