Samsung says profit jumped 23%, likely thanks to strong chip demand

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Hong Kong (CNN Business)Samsung (SSNLF), the world's largest smartphone maker, predicts its profit jumped more than 20% last quarter, suggesting that the company has managed to withstand the fallout from the coronavirus pandemic. The South Korean conglomerate said on Tuesday that it expects to make an operating profit of roughly 8.1 trillion won ($6.8 billion) for the three months that ended in...

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