Samsung registers record operating profit in Q2July 27, 2017 - 11:00 AMT PanARMENIAN.Net - As expected, Samsung registered a record operating profit of 14.07 trillion won ($12.6 billion US) in Q2 2017. Interestingly, the breakdown reveals that while its mobile division's (including Galaxy S8 / S8+) sales were up over the same period last year, profits dropped slightly, which Samsung attributed to higher component costs. Luckily, since Samsung also makes chips for phones, storage and more, that division drove the record profit and seems poised to continue, Engadget said. Looking forward, Samsung confirmed a new Galaxy Note is coming soon "with enhanced performance and features, to maintain the strong sales momentum of its premium smartphones, together with the Galaxy S8 and S8+." Meanwhile, it also says "continued growth is expected thanks to stable supply of 10nm mobile processors and increased supply of OLED DDIs for flagship smartphones." Those OLED displays likely include not only its devices but also the rumored OLED iPhone 8, which will reportedly arrive with displays made by Samsung, Engadget said. Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020." Partner news Most popular in the section | Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. Armenia, Russia discuss life extension of Metsamor nuclear plant Issues regarding the extension of life of the 2nd power unit of the Armenian Nuclear Power Plant were discussed in Yerevan. Armenians stage more campaigns against territorial concessions to Azerbaijan Protesters blocked more roads across Armenia on Friday, April 26 in continuing attempts to scuttle territorial concessions to Azerbaijan. Czech-Armenian military cooperation discussed in Yerevan A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia. |