Foreign business news in brief


  • Business
  • Saturday, 17 Jul 2004

SEOUL: Samsung Electronics Co, the world’s second largest semiconductor maker, said second-quarter profit almost tripled on demand for chips, screens and mobile phones. 

Net income at Asia’s most profitable technology company rose to 3.1 trillion won (US$2.7bil) from 1.1 trillion won a year ago, the company said in a statement. The company increased its first-half dividend by 10-fold. 

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