Samsung 1Q profit falls 30 percent on chips, TVs (AP) – 1241th Edition

Lee Westwood of England hits out of a bunker on the 6th hole during Ballantine Championship at Blackstone Golf Club in Icheon, east of Seoul, South Korea, Thursday, April 28, 2011. (AP Photo/Yonhap, Park Ji-ho) KOREA OUTAP – Samsung Electronics said first-quarter profit fell 30 percent on declines in memory chip prices and reduced profitability in liquid crystal displays and flat screen televisions.

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