\ Blog \ Galaxy S7/S7 edge demand pushes Samsung to record profit in over two years
Register | Sign In
New Topic

Galaxy S7/S7 edge demand pushes Samsung to record profit in over two years

Jul 28, 2016 Cellpex, United States, Ohio - admin

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...

View Source »

Comments
© 2011 Cellpex LLC, Ohio, USA. Designated trademarks and brands are the property of their respective owners.
Use of this Web site constitutes acceptance of Cellpex User Agreement, Product Listing Policy and Privacy Policy.