Galaxy smartphones boost Samsung profits in second quarter

Riding on the huge success of its Galaxy S smartphone series, South Korean giant Samsung on Thursday announced that its operating profit rose to its highest level in about two years.
The company earned 8.1 trillion Korean won ($7 billion) in operating profit in April-June period. The consolidated sales likely rose 3 per cent to about 50 trillion won from 48.5 trillion won a year earlier.
RelatedSamsung Electronics says Q2 operating profit likely up 17.4 pct vs year earlierSamsung Electronics set