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Samsung, the world’s number 1 technology firm in terms of revenue, reported a record net profit of $4.5 billion for the quarter as customers around the world flocked to buy Galaxy S3 smartphones.

South Korean electronics giant Samsung Electronics Co said Friday its net profit surged to 5.2 trillion won ($4.5 billion) in the April-June quarter, representing a 48 per cent increase over the previous year.

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