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Technology Stocks : Silicon Motion Inc. (SIMO)
SIMO 49.78-0.6%Jan 21 3:59 PM EST

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From: Elroy10/8/2019 4:41:15 AM
   of 2108
 
Samsung forecasts healthy Q3 2019 profits on the back of strong Galaxy Note 10 salesSamsung says it made a profit of $6.4 billion this quarter.

androidcentral.com

In its Q3 2019 earnings guidance, Samsung is forecasting a profit of $6.4 billion.Overall revenue for the quarter is at $51.3 billion, with the mobile business gaining momentum.We'll get a full breakdown later this month, but the profit forecast is $800 million more than what Samsung managed in Q2 2019.
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