Refurbished Galaxy Note 7 reportedly shown off in leaked photos
- Author: Carolyn Briggs Apr 09, 2017,
Apr 09, 2017, 4:09
The operating profit and sales both mark the second-highest quarterly figures ever posted by LG. Samsung said in its earnings guidance that it expects revenue will remain flat at around 50 trillion won for the quarter from 49.78 trillion won in the same quarter a year ago.
Samsung India on Friday launched its latest smartphone, Samsung Galaxy C7 Pro, demonstrating Samsung's consumer-centricity and its ability to bring valuable and meaningful experiences to consumers.
It is the group's best quarterly profit in nearly four years.
Samsung Galaxy Note 5 seems to have remained the only Note device that doesn't explode and is still on offer.
Samsung is clearly back in the game now with their Samsung Galaxy S8 and Samsung Galaxy S8 Plus but should you go big and get the bigger model with a bigger battery and display or is the smaller model the better choice.
Samsung's press statement contains few details about the drivers of earnings growth, but strong sales of memory chip products were mainly responsible for the bottom-line improvements, according to a report from the BBC website.
In court, Lee listened as prosecutors accused him of bribing Park and her confidant, Choi Soon-sil, in order to win support for a key merger that would cement his leadership of the sprawling Samsung business empire. Samsung shares reached a record high of 2.1 million won last month on expectations of record annual profit this year.
Lee, who was arrested in February, has been charged with paying almost $40 million to the now-impeached president's close friend Choi Soon-Sil, allegedly as bribes to secure policy favours.
Billionaire vice-chairman Lee Jae-yong was arrested in February as part of a corruption scandal that has led to the impeachment of former South Korean President Park Geun-hye.
Growing demand for more firepower from devices such as smartphones and servers have also helped push up margins for Samsung and its rivals in recent quarters.