Samsung has record quarter on increased profits in memory market

While smartphone are projected to remain stagnant, operating profit margin in the chips division increased by nearly 10 percent on fears of a supply shortage.

Though Samsung may be struggling with a saturated smartphone market and weak launches the company managed to post an impressive…

Read more: http://vr-zone.com/articles/samsung-record-quarter-increased-profits-memory-market/61677.html

Samsung estimates Q2 2013 profits to be as high as $8.33 billion

Samsung has released its quarterly earnings estimates for Q2 2013, a little while ahead of the final earnings announcement. Estimated profits tops out at $8.33 billion, or about 9.5 trillion South Korean Won.

Ahead of the final earnings announcement later this month, Samsung has…

Read more: http://vr-zone.com/articles/samsung-estimates-q2-2013-profits-to-be-as-high-as-8-33-billion/43665.html