Samsung Electronics on Thursday reported

Samsung Electronics on Thursday reported an 88.9 percent jump in its second quarter net profit, boosted by demand for its memory chips and a rise in smartphone sales as the firm seeks to move on from last year's recall debacle.

Net profit for the April to June period rose to 11.05 trillion won (US$9.92 billion) from 5.85 trillion won a year ago, the South Korean tech giant said in a statement.
source:AFP