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Samsung Electronics extends fall to more than 4%

The second-quarter earnings estimates released on Friday failed to meet market forecasts, fuelling concerns about growth in its smartphone business

Reuters Seoul

Samsung Electronics Co Ltd's shares extended falls to more than 4% after its second-quarter earnings estimates released on Friday failed to meet market forecasts, fuelling concerns about growth in its smartphone business.

Shares in Samsung Electronics were down 4.3%  at 1.212 million won as of 0205 GMT, after falling to as low as 1.211 million won earlier in the session, a 10-month intraday low.

 

 

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First Published: Jul 08 2013 | 8:28 AM IST

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