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Euronews
Euronews
Indrabati Lahiri

Samsung ups earnings guidance as chip sales soar on tariff concerns

Tech giant Samsung Electronics increased its earnings guidance for the first quarter of the year on Tuesday. It comes following a surge in sales ahead of expected US tariffs on chip imports. 

The company expects consolidated sales to come in at about 79 trillion Korean won (€48.8 billion), with consolidated operating profit estimated to be around 6.6 trillion Korean won (€4.1 billion). 

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