Samsung estimates profits hit a three-year high last quarter, likely helped by Apple

Samsung estimates profits hit a three-year high last quarter, likely helped by Apple
Samsung on Tuesday predicted operating profits of 12.5 trillion won ($11 billion) for the three months ending June 30, beating analysts’ expectations of around 11.3 trillion won. It also expects revenue of 63 trillion won ($55.4 billion), marking a near 19% YoY increase.
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