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GSMArena.com - Latest articles
GSMArena.com is the ultimate resource for GSM handset information. This feed contains the latest articles (news and reviews) in chronological order. 
Samsung's financial results show growth despite Note7 fiasco
Jan 24th 2017, 12:00

Everyone thought 2016 was not good for Samsung following the Note7 troubles. But the Korean company has numbers to prove us wrong. Today it revealed that the IT & Mobile Communications (IM) division had KRW23.61 trillion in consolidated revenue ($18,8 billion) and KRW2.50 trillion ($2 billion) in operating profit for the last quarter of 2016. The fourth quarter saw higher market demand for smartphones and tablets on year-end peak seasonality. Samsung kept high sales numbers of the flagship Galaxy S7 and S7 edge as well as improved profitability in the mid-to-low end...
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