Shares of Samsung Electronics fell 1.3 percent in Seoul after earnings release. Samsung’s shares, which gained 11 percent in the fourth quarter, hit a record high level earlier this month.
If Samsung’s fourth quarter results are in line with Tuesday’s guidance, the company will report 29 trillion won ($27.3 billion) operating profit on revenue of 201.1 trillion won ($189 billion) for 2012.
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Follow Youkyung Lee on Twitter: www.twitter.com/ykleeAP
By Rand Paul
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