Samsung's financial report for Q2 2017 reveals the company had a record-setting $9.9 billion in profit from $54.8 billion in revenue. That impressive performance has come despite the company still being affected by corruption issues. Its revenue was up 20% year-on-year and net profit increased 89%.
The rise in profit could largely be attributed to strong sales within Samsung's components business as well as sales of the Galaxy S8 series.
Samsung expects to see a decline in Galaxy S8 sales moving forward and a potential drop in profit from the mobile business due to marketing costs and higher component prices.
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