Samsung mobile profits up 42% YoY in Q1 2016 due to strong sales of Galaxy S7

samsung_galaxy_s7_edge_review_photos_12

Samsung has reported its earnings for Q1 2016, in which the company has made operating profit of 6.68 trillion won ($5.81 billion) for the quarter that ended March 31, 2016, which is up 12% YoY. It reported revenues of 49.78 trillion won ($43.46 billion), up 5.7% year-on-year and net profit of 5.25 trillion won (US$ 2.7 billion), up 14% year-on-year. Continue reading “Samsung mobile profits up 42% YoY in Q1 2016 due to strong sales of Galaxy S7”