[Reuters] Samsung on track for record second-quarter profit as smartphone peak looms

Posted by: UGN Security

[Reuters] Samsung on track for record second-quarter profit as smartphone peak looms - 07/04/13 02:13 PM

SEOUL (Reuters) - Smartphone leader Samsung Electronics Co Ltd is set to report a record $8.9 billion quarterly profit on Friday, even as growth in sales of its blockbuster Galaxy series begins to wane and new rivals emerge to eat away at its market share.