Samsung sees 10% profit growth on better-than-expected sales of flagship Galaxy S7

Article Image On the heels of the launch of the Galaxy S7 and S7 Edge, Samsung Electronics issued preliminary guidance on Thursday saying it expects profits to grow more than 10 percent for the first quarter of 2016, exceeding market expectations.

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With Apple Watch near, FDA clarifies regulatory stance on health-tracking wearables

The U.S. Food and Drug Administration has issued preliminary guidance that defines the agency’s criteria for determining when wearables which provide health tracking or advice, such as the forthcoming Apple Watch, could be classed as regulated medical devices.



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Samsung warns investors of first holiday quarter profit decline since 2011

Samsung Electronics has released “preliminary earnings guidance” for the December quarter, calling for revenues of around 52T KRW ($47B) and operating profits of about 5.2T KRW ($4.73B), a profit decline of 37 percent compared to the year-ago quarter — its first such decline for the holiday period since 2011.



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