Samsung expecting sales surge

Samsung told shareholders today that it expects to see double-digit revenue growth during 2010, according to media reports.

The company's new chief executive Choi Gee-sung was quoted as saying that the economic climate is likely to sustain its growth momentum this year, helped by economic stimulus measures taken worldwide.

However, the firms boss warned its investors at a conference in its Seoul headquarters that increased competition will toughen its business outlook.

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