SEOUL: Samsung Electronics Co expects better profit margins from mobile phones in the current quarter on strong sales of smartphones and expects global handset market growth to come in below 10% next year, its mobile chief said yesterday.
We still have a few weeks to go to wrap the current quarter but the overall direction (of telecom profit margins) will be upward and it'll be better than the third quarter, although it won't be a sharp improvement, J.K. Shin, president of Samsung's telecom division, told Reuters on the sidelines of a smartphone event.
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