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Thursday, 8 October 2020

Samsung's profit likely at two year high after Huawei chip orders, phone recovery

The South Korean tech giant said on Thursday operating profit was likely 12.3 trillion won ($10.6 billion) for the three months ended September. That compared with a Refinitiv SmartEstimate of 10.5 trillion won and would be the highest since the 17.57 trillion won of the third quarter of 2018.

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