Samsung estimates Q2 record profit, misses forecast

SEOUL (Reuters) - Samsung Electronics Co Ltd missed quarterly earnings forecasts on Friday as it reported a 47 percent rise in April-June operating profit to a record 9.5 trillion won ($8.3 billion), reviving concerns for growth in its smartphone business. The guidance, released ahead of full quarterly results due on July 26, was worse than an average forecast of 10.16 trillion won in a poll of 43 analysts by Thomson Reuters I/B/E/S. ...

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