Thursday, July 28, 2016

Samsung posts big profit for Q2 2016, largest in over two years

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Bolstered by surging sales of the Galaxy S7 and S7 edge, Samsung has announced its second quarter earnings for 2016, showing that profits, 8.14 trillion won ($45.2 billion), are up almost 18%, with revenue, 50.94 trillion won ($7.22 billion), also up by 5%.

These are big, big increases for Samsung - the biggest profit the South Korean company has made in over two years. This is no doubt thanks to, at least in part, a hugely profitable IT & Mobile Communications division, which has the smartphone department as part of that.

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Samsung posts big profit for Q2 2016, largest in over two years was written by the awesome team at Android Police.



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