The Korean Samsung’s profits in the second quarter of this year looks to have risen by 17.4 percent compared with the same period last year. It is the strong sales of smart phones that exceed expectations.
Samsung estimates that profits in the second quarter will be $ 7 billion, nearly 60 billion Swedish kronor. It is the highest in over two years and above the average forecast of just over $ 6.7 billion. The company will display more detailed results at the end of July.
The sales for the quarter rose by three percent compared with the year before.
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