Samsung has announced its financial results for Q2 (the quarter ending June 30), revealing a revenue of KRW 50.94 trillion (around $45.2 billion) and an operating profit of KRW 8.14 trillion (or $7.22 billion). The revenue was up 5% y-o-y, while operating profit rose 18%. This is Samsung's best quarterly performance since early 2014. The South Korean company's mobile unit accounted for more than half of the total revenue as well as profit. "Samsung's earnings improved QOQ thanks to strong sales of its flagship Galaxy S7 and S7 edge smartphones," the firm said in a press...
Source: http://www.gsmarena.com/galaxy_s7_s7_edge_demand_pushes_samsung_to_record_profit_in_over_two_years-news-19647.php
