Galaxy S7 phones help Samsung deliver a strong first quarter
by from Techreport on (#1C37V)
Samsung Electronics has reported its first-quarter financial results. The company made an operating profit of 6.7 trillion Korean won ($5.9 billion) on revenue of 49.8 trillion won ($43.7 billion). Operating profit was up 12% over the same time a year ago, and revenue increased 5.7%. The company slightly beat its own guidance of 49 trillion KRW in revenue and 6.6 trillion KRW in profit.
The company said its Galaxy S7 and S7 Edge smartphones led its earnings growth, thanks to an early launch and strong sales ...