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Samsung Stock Increases To Record High
Samsung has had a great quarter with strong sales in smartphones and tablets.
January 27, 2012- In early Friday trading in Asia, Samsung Electronics Co stock increased to a new record high. Increased sales of smartphones have helped increase the company’s profits. Net income for the consumer electronics giant was up 17% to $3.6 billion. Sales increased 13% during the fourth quarter and were in line with analysts’ estimates.
During 2011, Samsung shipped more mobile handsets than Apple shipped...