Published: Thu, April 20, 2017
Research | By Jo Caldwell

Samsung launches Galaxy C7 Pro smartphone for Rs 27990

Samsung launches Galaxy C7 Pro smartphone for Rs 27990

After the Galaxy Note 7 battery explosion fiasco in 2016, which affected the company's revenue, the first quarter of 2017 is very important for Samsung.

Samsung did not announce the performance of each business division.

Lee has effectively been at the helm of Samsung since his father suffered a heart attack in 2014. Yang denied Lee's argument that Samsung was coerced into giving Park and Choi money, saying the victims of the dealings were national pension fund holders, affiliates of Samsung and its shareholders, who suffered losses due to a merger allegedly engineered for Lee's sake.

Prosecutors blamed close ties between the government and big business for the scandal that toppled Park and has implicated dozens of other people at a number of chaebol, or big business conglomerates.

Samsung's earnings are believed to have been led by robust demand for semiconductors, especially used for new smartphones manufactured by rival companies.

The company is expecting to report an operating profit of €8.3bn - that's 48% higher than the same period a year ago. (STAND UP) Lee was indicted at the end of February, and by law the district court must rule on the case by the end of May.

SEOUL, April 7 South Korea's LG Electronics Inc estimated on Friday its first-quarter operating profit rose 82 percent from a year earlier, beating market expectations on healthy sales of appliances and televisions. But that might not be such a bad sign, considering the Galaxy S7 launched in Q1 a year ago and the Galaxy S8 isn't going on sale until later this month - not to mention the fact that Samsung doesn't have a new Galaxy Note on sale right now.

LG said January-March operating profit was likely 922 billion won ($812.98 million), compared with a 518 billion won average forecast from a Thomson Reuters I/B/E/S survey of 24 analysts.

A week after the unveiling of the lovely Galaxy S8 and its unique "Infinity Display", Samsung follows things up with a phone that boasts another first for the brand: a model with 6GB of RAM, the Galaxy C9 Pro.

Do let us know what you think of the yet another Samsung "Pro" device launch in the comments section below. Today here is the comparison between the Apple iPhone 7 and Samsung Galaxy S7.

The strong comeback was a result of booming sales of memory chips and flat-panel displays, Samsung said.

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