Samsung’s Profit Engines Keep Running Even Amid Note 7 Recall

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  • Recall of exploding phones overshadowing turnaround effort
  • Activist investor group pushing for breakup of company

Samsung Profit Tops Estimates Despite Note 7 Recall

Samsung Electronics Co. might be grappling with the fallout from its exploding Note 7 smartphones, but as a key supplier of displays and memory chips, the South Korean company showed it can rely on other phone makers and PC manufacturers to drive sales and profit.

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