Samsung profits rise than previous year

Samsung Electronics have gained effective record profits during the July to September time period. The company gained an increasing amount of profit approximately around 10.1 trillion in between the three months, that profit margin is almost 25% jump then the previous year.

Samsung has gained enormous success with the launch of its Galaxy smartphone range and the rumours about the company losing its gross economy were proven wrong in the end.

Analyst Andrew Milroy said in a statement:

“The company is doing a phenomenal job of continuing its growth rate; one would have expected that its growth rate may be hit by the emergence of other cheaper mobile phone makers. But it does not yet have to happened, at least not yet.”

He added:

‘The South Korean multinational electronics company also realises that the growth opportunities in the emerging markets worldwide are key to overall success of their business, and they have been smart enough to tap into it.’

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