Samsung shows signs of emerging from earnings slump

April 7, 2015 3:53 AM

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SEOUL, South Korea (AP) — Samsung's quarterly operating earnings fell 31% from a year earlier but the drop wasn't as big as expected in a sign the smartphone and computer chip giant may be emerging from its profit slump.

The company on Tuesday estimated its January-March operating profit at 5.9 trillion won ($5.4 billion), exceeding the average 5.5 trillion won forecast in a FactSet survey of analysts.

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