Samsung posts 48% profit jump — but it’s all down to components not smartphones

 Despite the Galaxy Note 7 saga and the arrest of its defacto head on bribery charges, Samsung’s business has bounced back. The company just announced its first quarter financial results, and they are as impressive as it had forecast earlier this month. Operating profit for the quarter rose by 48 percent year-on-year to reach 9.9 trillion KRW, or approximately $8.7 billion. That makes… Read More

by Jon Russell via Endless Supplies .Us - News