Analysts: Galaxy shipments drop 16% in Q2, but chip business brings in increasing profits

Samsung Electronics is expected to publish its Q2 financial report later this week, but analysts are forecasting a 15.6% increase in operating profit compared to the same period last year, reports Yonhap News.

This is despite declining sales of consumer electronics. Smartphone shipments are down to an estimated 61 million units in the April-June period…

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