April 7, 2010 -
PRLog -- The world’s leading TV manufacturer Samsung Electronics predicts a strong recovery in Q1, indicating that first-quarter profit should increase seven-fold to reach 4.3 trillion won ($3.8 billion). According to the company’s preliminary statement, sales will increase 19% in the January-March period, up from 28.67 trillion won a year earlier.
According to the first reactions to these results, the momentum can be attributed to the rising demand for personal computers and TVs, as well as a strong recovery in its memory chip business that helped boost the company’s sales.
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