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Samsung reports 23% drop in Q3 net profit
By Agence France Presse | Updated: 15 June 2012 16:54 IST
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South Korea's Samsung Electronics announced Friday its third-quarter net profit fell 23 percent year-on-year because of weakness at its display unit amid a faltering global economy.
Samsung, the world's biggest technology firm in terms of revenue, said net profit for July to September fell to 3.442 trillion won ($3.086 billion) from 4.455 trillion a year earlier.
The company recorded a net profit of 3.506 trillion won in the second quarter.
Samsung, the world's biggest technology firm in terms of revenue, said net profit for July to September fell to 3.442 trillion won ($3.086 billion) from 4.455 trillion a year earlier.
The company recorded a net profit of 3.506 trillion won in the second quarter.
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