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Published on April 27th, 2017 | by Technable

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Samsung reports Q1 earnings: mobile down, components up, worried about iPhone 8

Samsung Electronics today reported its Q1 results, covering January to March, with a mix of good and bad news.

The good news was that both revenue and profits were up year-on-year. The company reported profits of 9.9T won ($ 8.7B) on revenue of 50.55T won ($ 44.7B) – a record for a first quarter. The bad news was that this profit was driven by components, while its mobile business declined …

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