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Samsung benefits from recovery

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Samsung benefits from recovery

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South Korea’s Samsung is predicting a huge rise in profit this year.

The world’s largest maker of semiconductors and flat-screen TVs has just announced a record first-quarter profit.

That was due to better-than-expected demand for personal computers and a shortage of memory chips pushing up prices.

However some industry watchers warned over-investment in the sector could lead to a glut of products in the longer-term.