Samsung’s financial reports are in for the third quarter of this year and just as analysts predicted, profits are up compared to last year. Samsung saw a 79.8% increase in operating profits resulting in $6.29 billion for this last quarter. Reports are saying this increase in profit is because of the company’s cost-cutting, improved inventory management and an increase in demand for their semiconductor division.
from xda-developers » xda-developers | Samsung’s Sees a 79.8 Percent Increase in Q3’s Operating Profits http://ift.tt/1L6oexs
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