PREVIOUS ARTICLENEXT ARTICLE
NEWS
By 13 October 2017 | Categories: news

0

Samsung appears to have some mixed fortunes at the moment. The company's CEO Kwon Oh-hyun recently stepped down from his position citing "unprecedented circumstances", but sales seem to be at an all-time high for the South Korean manufacturer. Specifically on the mobile side, with back-to-back record setting quarters projected.

Samsung's earnings guidance for Q3 of 2017 estimates roughly 14.5 trillion won ($12.8 billion) in operating profit, with 62 trillion won ($54.7 billion) in revenue for the quarter. Of those numbers come to fruition, it would represent a year-on-year revenue increase of 28%, with sales of the Galaxy Note 8 largely viewed as the key driver for the mobile division.

Considering the fiasco that was the Galaxy Note 7, Samsung has done well to bounce back, with both the Galaxy Note 8 and Galaxy S8 proving favourites among critics and consumers alike.

USER COMMENTS

Read
Magazine Online
TechSmart.co.za is South Africa's leading magazine for tech product reviews, tech news, videos, tech specs and gadgets.
Start reading now >
Download latest issue

Have Your Say


What new tech or developments are you most anticipating this year?
New smartphone announcements (44 votes)
Technological breakthroughs (28 votes)
Launch of new consoles, or notebooks (14 votes)
Innovative Artificial Intelligence solutions (28 votes)
Biotechnology or medical advancements (22 votes)
Better business applications (132 votes)