Samsung has reported its earnings for Q2 2016, in which the company has made operating profit of 8.14 trillion won ($7.22 billion) for the quarter that ended June 30, 2016, which is up 16% YoY. It reported revenues of 50.94 trillion won ($45.2 billion), up 5% year-on-year and net profit of 5.85 trillion won (US$ 5.17 billion), compared with 5.75 trillion won a year earlier. This is the company’s most profitable quarter in two years, as expected. Continue reading “Samsung reports highest profit in 2 years as Galaxy S7 sales continue to increase”