Samsung First-Quarter Earnings Beat Expectations

South Korea's Samsung Electronics has joined a group of information technology giants to report earnings that beat industry expectations. Samsung, the world's largest maker of television and liquid-crystal display panels and the second-largest maker of semiconductor chips and mobile phones, on Apr. 24 posted a first-quarter operating profit of $349 million, swinging back to the black from a loss of $550 million in the previous quarter.

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