Samsung soars on high demand for Galaxy S7


Strong sales: A file picture shows the company’s flagship store in Seoul. The mobile division is the biggest earner for the first time since the second quarter of 2014, in a sign the company has righted itself after two years of shrinking profits and market share losses.– AFP

World’s top smartphone maker tips pickup in Q2 earnings

SEOUL: Tech giant Samsung Electronics Co Ltd tipped a pickup in second-quarter profits after reporting a 12% earnings gain in January-March on the back of “robust” sales of its Galaxy S7 smartphones.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , Samsung electronics , earnings

   

Next In Business News

Oil set for weekly gain as demand signs, geopolitics seen as positives
Asia stocks rally on renewed global rate cut optimism
IPI up 2.4% in March 2024 but below forecast
Malaysia end-April palm oil stocks rise 1.85%, MPOB says
FBM KLCI nearly flat at midday
UOB Malaysia's FY23 operating income hits record RM4.6bil, pretax profit RM1.9bil
Bursa Malaysia all-time high indicates Madani framework is building investor confidence
OCBC posts record Q1 profit, makes US$1bil bid to take Great Eastern private
Amazon’s new fees on sellers likened to ‘kick in the gut’
Mr D.I.Y earnings in line with expectations

Others Also Read