Samsung reveals profits jump despite ongoing fears over exploding batteries in its latest handset



Samsung Electronics has revealed a 5.5-percent rise in operating profits, even as it struggles with a damaging global smartphone recall and a shareholder push to split the family-run conglomerate in two.
In an earnings forecast that beat analyst estimates, Samsung said its operating profit for the July-September period would stand at around 7.8 trillion won ($7.0 billion), compared to 7.39 trillion won a year ago.
The estimate was down on the 8.1 trillion won profit posted in the second quarter.
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7 October 2016 in Science &Technology, Views: 33
Source: Daily Mail
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