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Samsung Makes Strong Q2 Showing

During the second quarter, Samsung Electronics saw revenue increase 5% year-over-year to $45.2 billion, and operating profit rise 18% to $7.22 billion, The Verge reports. “Samsung's mobile division accounted for over half of that revenue and profit, with the company pointing to strong sales of its well-received flagship Galaxy S7 and S7 Edge phones that continued from the previous quarter,” it notes.

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