Strong Sales of Galaxy S7/S7 Edge Pushes Samsung to Highest Profits in over Two Years
Samsung Electronics, the world's largest smartphone maker, published its full second-quarter earnings, which were indicated the company's highest profits in over two years. Operating profit was 8.14 trillion KRW ($7.22 billion), up 18 percent, while revenue was 50.94 trillion KRW ($45.2 billion), up 5 percent. Thanks to expanded sales of its flagship Galaxy S7 and S7 Edge phones, the company said Thursday its key mobile division enjoyed "substantial earnings improvement" in the second quarter.
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