Samsung reported their financial results for Q2 2012, with an operating profit of $5.9 billion and revenues of $41.7 billion. A large portion of that profit came from smartphone sales - especially Galaxy S3 and Galaxy Note sales. The company sold over 10 million S3 phones by mid July.
Samsung also reports that the new smartphone products resulted in increased OLED panel sales and continued profitability in the OLED business. Samsung aims to expand sales of both LCD and OLED panels for smartphones.
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Posted: Jul 27,2012 by Ron Mertens
