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S&P raises Samsung's rating by one notch to A+

2013/08/08 18:09

SEOUL, Aug. 8 (Yonhap) - Global rating agency Standard & Poor's Ratings Service said Thursday it raised its long-term credit rating on Samsung Electronics Co. by one notch to A+, citing a solid projected financial performance and good cash flow over the next two years.

The ratings outlook for the world's largest smartphone maker is stable, it said.