October 29, 2015

Samsung Mobile Sales Increase In Q3 2015, But Profit Drops Following Price Cuts

Samsung Galaxy s6 edge+ Rear Samsung beat expectations from analysts in Q3 2015, but with little to no help from its mobile business. The Korean firm's semiconductor and display panel divisions were the stand-outs that, alongside favorable currency rates, contributed to a $6.4 billion (7.39 trillion KRW) profit on revenue of $45.2 billion (51.68 trillion KRW). Read More

Source: TechCrunch