Samsung second-quarter earnings reveal softness in Galaxy 9 sales

Samsung Electronics reported second-quarter revenue fell due to softer sales of smartphones and display panels, despite good memory-chip demand. Samsung reported KRW 58.48 trillion in consolidated quarterly revenue, down 4 percent from last year, and KRW 14.87 trillion in quarterly operating profit, an increase of 6 percent. The company’s strong memory business contributed to higher operating profit, but net profit... Read More