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Samsung predicts record profits

Samsung Electronics has estimated record profits in the three months to September, led by strong sales of its Galaxy smartphones.

The South Korean company said it expects operating profits of 8.1 trillion won ($7.3bn; £4.5bn), nearly double last year's figure.

The estimates beat analyst expectations sending Samsung shares 1.5% higher.

Jeremy Howell reports.

  • 05 Oct 2012
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