Samsung reported for the third quarter

Efforts to restructure the Samsung company finally bear fruit. The company provided financial report for the third quarter.

Samsung reported for the third quarter


This huge company control is not easy, but the company apparently on the right track, since the third quarter they were able to raise $ 43.9 billion in revenue and $ 6.3 billion in net profit.

Analysts say that the rise of the company related to the sale of accessories, such as displays for smartphones, as well as a favorable exchange rate, rather than a rise in smartphone sales as it might seem. This only proves that the work Samsung to diversify its excessive dependence on the mobile unit bearing fruit.

Still, sales of Samsung smartphones rose, mainly because of the set mid-range devices, as well as through a wide range of devices.

In addition, despite some shortcomings, and not the lack of specifications, the company’s flagship, Note5, showed pretty good sales performance, which is not the Samsung Galaxy S6 Edge.

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