Samsung woos less affluent phone users to beat seasonal gloom

By Miyoung Kim SEOUL (Reuters) - Samsung Electronics Co Ltd, the iPhone's main adversary, is expected to post a 46 percent jump in first-quarter earnings as sales of mid-tier smartphones helped tide the South Korean giant over the off-peak season. Samsung, due to release its January-March earnings guidance early on Friday, likely increased its quarterly operating profit to 8.3 trillion won ($7.5 billion), a survey of 42 analysts by Thomson Reuters I/B/E/S showed. That would be 6 percent less than the record 8.84 trillion won earned in October-December. ...

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