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Chip sales cushion Samsung Q4 profit decline

Samsung Electronics, the world's largest smartphone maker, flagged a lighter than expected profit decline in the fourth quarter Thursday, with memory chip sales cushioning a continued slump in mobile revenue.

dateJan 08, 2015 in Business
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Samsung to slash number of smartphone models

Samsung Electronics has announced plans to slash the number of smartphone models it issues next year by up to one-third as it tries to cut prices in the face of intense Chinese competition.

dateNov 18, 2014 in Business
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