Samsung Electronics has posted its results for the third quarter ended September 2013.
For the period under review, the company has recorded a net profit of $ 7.76 billion, a 26 per cent increase over the corresponding period in 2012. According to the company, the business has been driven by strong smartphone sales and higher microchip prices.
The company witnessed a year-on-year growth of 13.2 per cent in its net profit which stood at $7.5 billion at the end of September 2013. For the period under review, Samsung sold 12 million smartphones, which contributed about 70 per cent of the company?s total operating profit.
