Rise of the Machines

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REUTERS SHOWCASE

Ad Sales' Scrutiny

Ad Sales' Scrutiny

Google faces new federal antitrust probe - source.  Full Article 

E-Book Conspiracy?

E-Book Conspiracy?

Judge says leaning toward U.S. in Apple e-books case.  Full Article 

Apple's Tax Fight

Apple's Tax Fight

Apple enjoyed Irish tax holiday from the start  Full Article | Related Story 

Bid War Likely

Bid War Likely

Google, like Facebook, in talks to buy Waze for $1 billion: report  Full Article 

Hacking Attacks

Hacking Attacks

Feature: 'Irrational' hackers are growing U.S. security fear.  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage 

Samsung Electronics shares extend gains, hit fresh lifetime high

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People use the Galaxy Note II after a news conference announcing Samsung's update to its phone-tablet hybrid in New York, October 24, 2012. REUTERS/Shannon Stapleton

People use the Galaxy Note II after a news conference announcing Samsung's update to its phone-tablet hybrid in New York, October 24, 2012.

Credit: Reuters/Shannon Stapleton

SEOUL | Thu Nov 22, 2012 10:35am IST

SEOUL (Reuters) - Shares in Samsung Electronics Co Ltd (005930.KS) rose 2.5 percent on Thursday to a new lifetime high of 1.419 million won, propelled by expectations that its mobile business will continue to lead strong profit growth.

The world's biggest smartphone maker with a market capitalisation of around $205 billion, had previously peaked at 1.418 million won per share in May and has climbed more than 30 percent since its recent low hit in early July.

(Reporting by Miyoung Kim; Editing by Matt Driskill)

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