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Samsung’s profit gushes with 2-year high on Galaxy Smartphone Sales

Samsung sales increase

Samsung Profits Reaches peak point in two years

Samsung Electronics Co reported on Thursday that the earnings results that were the best in two years as consumers have snapped up their Galaxy smartphones. This is a sign that the company is getting back and on the other hand, the rival companies fail to deliver the new smartphones.Samsung Profits increase reaching highest mark in last 2 years.The South Korean company says “The net income from April and June has roes with the 2 percent over the year and earlier to 5.85 trillion won when compared with the 5.75 trillion won in the previous year.”

Samsung Released Biggest Consumer SSD ever with 4TB Storage Capacity

This is somewhat higher than the predictions, and the things have been revised up in the recent months and to reflect stronger than the sales that are expected for the new smartphones. The analysts have forecasted that the net income of 5.79 trillion won.

These are the reports given by the FactSet, one of the financial data provider.The sales were increased from 5 percent to 50.94 trillion ($45 billion) won, while on the other hand, the operating profit has surged with 18% to 8.14 trillion won ($7.19 billion) in the line with the company’s guidance in the starting of this month.

Samsung to Launch Samsung Pay Mini Availability on third party Android and IOS devices

Samsung is the world’s largest smartphone maker which beats the predictions even with the growth in the entire smartphone industry and with their rival Apple, which is world’s second-largest smartphone maker, struggles to lead their sales for the iPhones.Earlier in this week, Apple reported that there is 27% drop in the profits and the hit by the decline in their sales of the iPhone.

Samsung has introduced their first ever edge flagship smartphones series in the previous year which is featured with the curved displays on both the corners of the device. As it failed to gain the demand after the release for the issues and troubles raised into the mass producing of the curved displays in the year 2015.

Samsung beats Apple by One Point in a Customer Satisfaction Survey in US

After the success of the Samsung Galaxy S7 smartphones, this boosted the Samsung’s component businesses like never before. Samsung says that there is the higher demand for the flexible displays for the S7 edge and the healthy sales of the other flagship smartphones. This sale also includes the other components like OLED or the organic light-emitting diode; display panels were raised higher. This helps in increasing the growth of the sales of the Samsung smartphones and the components. Therefore, Samsung dominates the global supply of OLED display panels for mobile phones from the other manufacturing companies.

Samsung Galaxy Note 6 rumoured with 5.8inch curved display, 6GB RAM, 4000mAh battery

Samsung-Galaxy-Note-6

Samsung’s next series Galaxy Note 6 rumours are escalating with Edge Display, Massive Battery, and 50% more RAM.

Samsung’s Galaxy Note Phablet series rounded on the Internet and recently claimed to launch presumably in July. Now, analysis for Galaxy Note 6 has been surfaced probably with two variants of Handsets, one with flat screen and the other one with a curved display.

It is aforementioned to be using its in-house Exynos 8890 mechanized with the processor for the European prototypes while the company has also sent out units powered by Snapdragon 820 processor. Initial Aforesaid said that Galaxy Note 6 is said to come with expandable storage support.

Samsung has not yet revealed in its official statement with concerning Galaxy Note 6. As per the previous leak, Galaxy Note 6 can be expected to be announced soon after the official release of next upcoming developer version of Android N.

As per the photographic seen on Galaxy S7 and S7 Edge, 12MP dual pixel rear camera is viewed. The next high-end Galaxy Note 6 is expected to feature a fingerprint scanner.

The importance given to Galaxy Note 6 regarding biggest improvement is with the 4000mAh battery. Recalling Galaxy Note 5 came with the 3000mAh battery. Further details of Galaxy Note 6 have not yet finalised.

Other hardware specifications report with 12MP camera setup seen in the new Galaxy S7 and S7 Edge series, along with 6GB RAM, 4000mAh battery and with internal storage of 32GB, 64GB, and 128GB.

Samsung S7 Edge with its 5.7” inch curved display is a bit closer into S6 Edge+. Samsung Galaxy S7 edge+ might not launch yet and reports also stating that introducing with 5.8-inch 2K display for NOTE 5.

Also read: Xiaomi Mi5, Redmi Note 3 open sale without registration on 27 April