Samsung Shares `Very Cheap,' May Rise 54%, Newman Says

Mark Newman, a senior analyst at Sanford C. Bernstein Ltd. in Hong Kong, talks about Samsung Electronics Co.'s financial performance and business outlook.

Samsung, the world’s top maker of TVs and mobile phones, reported a record profit surpassing analysts’ estimates as it widens the lead over Apple Inc. (AAPL) in smartphone sales on the popularity of Galaxy devices. Newman speaks with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)

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