Founding Member of FormIGA – the global Industry for Good Alliance

Samsung profits soar as it capitalises on strong smartphone sales

8 Apr 2013 12:00 AM | Anonymous

Samsung is expected to post profits of more than £5 billion in the first quarter of 2013, a 53 percent increase on profits in the Q1 of 2012.

The electronics giant’s profit rise comes in part from the success of the companies mobile offerings including its smartphone products with its Galaxy range and its Notepad tablet series.

Samsung continues to maintain its dominant position as the number one mobile manufacturer.

The South Korean company is expected to release a detailed financial statement at the end of the month, with the prospects for the next quarter looking promising with the release of the new Samsung Galaxy S4 also scheduled for the end of April.

Samsung overtakes Apple as leading manufacturer of ‘smart devices’

Powered by Wild Apricot Membership Software