Posts tagged Finance
Samsung profit up 17% on strong sales of Quantum Dot TVs

Samsung posted blow-away second quarter results today with operating profit of nearly $7 billion, up 17% over the year-ago quarter. The results also came in above street consensus of about $6.2 billion. Analysts attributed the gains to better profitability in the smartphone division as well as the hot-selling SUHD TVs with Quantum Dot technology licensed from Nanosys.

According to a report in the Korea Herald, the Quantum Dot TVs helped the consumer electronics division generate over $850 million dollars in profit for the company...

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