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Samsung's profit jumps 26% in 4Q on memory chip demand

Tech giant to release latest Galaxy smartphone next week to take on 5G iPhone

Samsung turned in a robust Q4 performance despite a dip in memory chip prices.    © Reuters

SEOUL -- Samsung Electronics' operating profit jumped 26% in the fourth quarter from a year ago, with analysts expecting an even stronger performance ahead as memory chip prices look set to rebound this year.

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