‘Peak Samsung’ isn't

Strong sales of its S7 flagships have boosted Samsung to its highest quarterly profit for two years, the company stated yesterday.

The earnings guidance contradicts experts who predicted ages ago that we had reached “Peak Samsung”. The group’s overall profit should be around ₩8.1tn ($7bn), up 17.4 per cent from the same quarter a year ago – the highest since Q1 2014.

Samsung reports its full numbers later this month. ®