, Samsung delivers record profits on smartphone bonanza
Samsung Electronics Co. can surprise. And it has surprised again with its record quarterly profits exceeding analysts’ expectations as the smartphone bonanza continues. No doubt that the South Korean electronics manufacturer witnessed these strong results as strong sales of its Galaxy models indeed offset weak demand for the company’s TVs. It seems that Samsung Electronics Co. will enjoy maybe even stronger results in the upcoming months as its new Galaxy S4 smartphone is expected to strengthen the company’s presence in the US market.
