Boastful Samsung Made its High Profit for 3rd Quarter
The South Korean gadget company said this Friday that their earnings for the 3rd Quarter operating income rose to 25% over a year earlier to $9.4 Billion. The manufacturer of Galaxy smartphones said that the 3rd Quarter sales increased in 13% to a record breaking $55 Billion. Some analyst said that the robust sales mid to low end smartphones and continuous profit from semi-conductor business were its secret. Sales of the Galaxy S4 which is their flagship that had debut last April plunged but they worry less as consumers patronizes much of their cheaper smartphones. Even out beating local and native phones of several countries said by Young Park analyst of Hyundai Securities. Samsung is the world's largest maker of smartphones, memory chips for computer and Smart TV.