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Samsung Now Bigger Than Nine of Japan’s Major Electronics Companies
November 5, 2009 http://www.rjkoehler.com/2009/11/05/sams... The Wall Street Journal reports that Samsung Electronics’ operating profit, at $3.14 billion, is more than two times larger than the combined operating profit of nine of Japan’s largest consumer electronic companies. Samsung now has a $7.4 billion war chest to spend on growth and R&D where many of the Japanese companies are at an operating loss (Sony) or in huge debt (Hitachi) Rating :
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