The recent feat technology giant Samsung recorded in the demand for galaxy S8 has put the company on a new record.
Samsung recorded an all-time high demand for the product in April and May this year making it the world’s largest maker of mobile phone and mobile chips.
The South Korean company, with the recent record, has overtaken apple which was before now, world’s leading mobile phone maker.
News Agency of Nigeria reported that “The firm said huge sales of its new Galaxy S8 smartphone and demand for its memory chips were behind the jump in April-June and predicted another blockbuster report for the current quarter to September.”
“It said operating profit soared a forecast-beating 72.9 percent from the previous year to 14.07 trillion won ($12.6 billion), compared with consensus forecasts of $10.6 billion for US titan Apple, which is due to report next week.”
“However, Greg Roh, an analyst at HMC Investment Securities, told AFP: “Samsung “has surpassed its rivals for now but Apple usually sees little fluctuation in its profits whereas Samsung’s profits fluctuate largely on memory chip prices.”
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