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Technology

Samsung says Q4 operating profit likely up 52.5% amid chip demand

South Korean tech giant seen pursuing imminent M&As as key posts change

The South Korean tech major is eyeing M&As to help boost competitiveness.   © AP

SEOUL -- Samsung Electronics estimated on Friday that its operating profit soared more than 50% in the fourth quarter of 2021, as the company enjoys robust demand for its chips and smartphones and seeks expansion through mergers and acquisitions

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