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Samsung Profit Jumps, Plans $8 Billion Share Buyback

October 3, 2023
in AI & Technology
Reading Time: 1 min read
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Jan.24 — Samsung’s profit more than doubled in the last three months of 2016 on robust semiconductor sales and a recovery in its mobile business, giving it enough stamina to buy back 9.3 trillion won ($8 billion) of its own shares. Bloomberg Gadfly Columnist Tim Culpan reports on “Bloomberg Technology.”

source

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