Samsung Electronics has unveiled profits that beat analysts' forecasts as it predicted robust sales of its new flagship smartphone, the S5, and brisk trading in high-end TVs ahead of the World Cup.
The South Korean company reported net income of KRw7.48tn. Analysts surveyed by Bloomberg expected a result of KRw6.75tn.
Growth in the smartphone and tablet market is slowing. And Samsung said demand for these devices decreased during the third quarter. Nevertheless, it said:
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