Samsung posts its second-best quarter ever, promises a new flagship release in late 2017
However, Q1 2017 was still the second-best quarter for the company ever, in large part thanks to increased sales in both the semiconductor and display departments. Previously, the company forecast profits of 10.1 trillion won, or $8.8 billion, which it nearly reached.
Curiously enough, the company also made an interesting promise: a new flagship launch in the second half of the year. For those who don't know, this is something of a standard procedure for Samsung, which releases its Galaxy S flagships in the spring, and its Note flagships in the fall. Or in other words, the much-rumored Note 8 is most probably real, and launching in a few months. This isn't that big of a news, considering Samsung previously promised it won't discontinue the Note line despite the Galaxy Note 7's fiery problems, but it's nice to see a more official confirmation as well.
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