Samsung has reported operating profit of 8.12 trillion won ($7.4 billion) for the third quarter of 2012. That’s a 91% year-on-year increase . The net profit was 6.56 trillion won. The Mobile unit accounted for more than 50% of revenue with 26.25 trillion in this quarter, 82% increase year-on-year. The increase in profit in this segment is due to the increase in Smartphone shipments significantly due to global expansion of Galaxy S 3 and and mid or low-end products in competitive price points. The GALAXY Tab market were strong with the latest addition of GALAXY Note 10.1. Continue reading “Samsung reports profit of $7.4 billion for Q3 2012”
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