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Samsung Electronics set for best quarter in over 2 years on second quarter smartphone boost Tech giant   Samsung Electronics   Co Ltd <005930.KS> is poised to issue guidance for its best quarterly profit in more than two years, propelled by a surge in mobile earnings on the back of robust sales of its flagship   Galaxy S7   smartphones. The South Korean giant will disclose its estimates for second-quarter earnings on Thursday, with analysts predicting a strong mobile division contributed to a 13% jump in operating profit from the same period a year earlier. The average forecast from a Thomson Reuters survey of 16 analysts tips Samsung to report April-June operating profit of 7.8 trillion won ($6.8 billion), the highest since an 8.5 trillion won profit in January-March of 2014. The mobile division of the world's top maker of smartphones and memory   chips   was likely its top earner for the second straight quarter with a 4.3 trillion won pr...

VW emissions scandal: South Korea issues arrest warrant against company executive A South Korean court on Friday issued the first warrant for the arrest of a   Volkswagen   AG executive in connection with its cheating of vehicle emissions tests, in another blow to the German automaker's efforts to move on from the scandal. The warrant is the first to be levelled against a Volkswagen executive anywhere in the world after the firm in September admitted to using software to falsify pollution tests on some diesel cars, spurring legal action in the United States, Germany,   South Korea   and elsewhere. "This is just the beginning of the investigation," an official at the prosecution office said, declining to be named because the investigation was ongoing. The Volkswagen Korea executive, identified by his last name Yun, faced five accusations including fabrication of documents and violation of the Air Quality Preservation Law, Seoul Central District Court spoke...