Samsung smashed moneymaking records once again this summer, raking in £5.9bn profit thanks largely to the lower-priced footsoldiers of the Samsung Galaxy smart phone army.
Samsung did boffo business once again this Q3, the three months up to September, with continued strong smart phone sales and decent performance from the part of the business that makes memory chips.
Revenue hit £34.33bn, an increase of 13 per cent over last year. Profits are up by a quarter.
The Korean company's smart phone success came more from sales of low-end Galaxy phones than the high-end likes of the. In fact, S4 sales are , leading some industry experts to suggest the .
In the past few months, Samsung has unveiled interesting new technology such as the curvedand wearable smart watch. They're yet to have an impact on sales figures, but show Samsung is innovating to continue its domination of the mobile market.
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