The famous South Korean brand, who is the creator of the Galaxy family of mobile devices, has made public and official, expanded 1.7 percent in their net profit as such in the second quarter of 2016.
Samsung Electronics achieved in the second quarter of 2016 a net profit of approximately 5.85 trillion won (something like a $ 5,170 million), which is 1.7 percent more compared to the same period last year 2015, this being its best quarterly result in two years, all thanks to the very positive momentum of sales of “smartphones” such as Galaxy Galaxy S7 and S7 edge.
The South Korean giant recorded between the months of April-June operating profit of about $ 8.14 trillion won (equivalent to $ 7,170 million), representing a very positive increase of 18.6 percent in annual terms, all this according to the results that were presented in Seoul.
Samsung who is currently the world’s largest manufacturer of advanced phones and memory cards said about their profits by mobile devices that they make themselves be weakened in the second half, and besides this, announced that it would face higher costs for marketing, this in order to compete with the arrival of new products from rivals, such as in the case of the future iPhone in July.
Besides all this, Samsung said its business line components would highlight many more in the second half, all this amid signs of recovery in prices of memory chips and screens, after a period of fall globally in terms of sales of these products.
“Looking to the second half of 2016, the company expects to continue its strong performance compared to the first half, mainly driven by gains in the components business,” said the company Samsung.
The company is preparing everything to introduce the new version of “smartphone” Galaxy Note next week, which will probably start selling the phone-tablet this same August, i.e one month before its rival Apple launches appear with the seventh layer of the also famous iPhone in September.