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Samsung Predicts First Quarterly Profit Growth in Two Years

Reversing seven straight quarters of year-on-year decline.

The Verge

Samsung Electronics expects it made about 7.3 trillion won ($6.27 billion) in operating profit off sales of 51 trillion won ($43.8 billion) in its third quarter of 2015.

If confirmed once the final figures are available later this month, that means the company is back to profit growth after seven straight quarters of year-on-year decline.

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This article originally appeared on Recode.net.