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Samsung predicts profit decline

Samsung has predicted a profit of just over $7 billion for the last quarter, which would be a 24% decline over the same period a year ago. The tech giant cited slower sales and increased competition in China. http://www.nytimes.com/2014/07/08/technology/samsung-foresees-a-decline-in-profit.html?emc=edit_th_20140708&nl=todaysheadlines&nlid=68163943

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