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Euronews
Euronews
AP with Eleanor Butler

Samsung sees revenue increase but gives gloomy tariff-related outlook

Samsung Electronics reported on Wednesday a sharp increase in consolidated revenue for the first quarter thanks to strong sales of its new smartphones, but its semiconductor business suffered a setback.

The South Korean semiconductor and smartphone giant said in a statement that it posted 79.14 trillion won (€49 billion) in consolidated revenue for the January-March quarter, calling it an all-time quarterly high.

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