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Samsung operating profit

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Newest data by Samsung Electronics Co. showed that the South Korean producer saw its profit climb significantly in the first quarter of the year as sales of mid-tier handsets surged especially in emerging markets. Strong sales of smartphones are expected to be recorded in the period ending June. Samsung Electronics Co. is gearing up for another battle against its immemorial adversary Apple Inc. as it plans to release its new flagship smartphone, the Galaxy S4, and is due to launch its new mini stores in the US.

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