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Samsung Rides Smartphone Growth All The Way To The Bank Samsung Electronics delivered a yet another stellar performance in Q1 2013, riding the smartphone boom to grow revenues by 17% and operating profits by an even higher 54% over the same period last year. Driven by the immense popularity of the Galaxy S III as well as the Galaxy Note smartphones, Samsung's mobile division continued to generate a bulk of the profits accounting for almost 75% of $7.9 billion in operating profits generated last quarter.
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