Note 7 Does not hinder Samsung Beat Apple

Galaxy Note 7 proved to not hit Samsung. Ahead of the year after the rolling case, Samsung's profit even able to overtake Apple.

It was revealed from Samsung's new profit-forecast report. South Korean producers are boasted profits are calculated to reach USD 12.1 billion in the second quarter of 2017. While Apple is predicting profits can touch the number of USD 12 billion in the same period, it dropped to the figure of USD 10.7 billion.

According to an analyst named Cheong Chang-won from Nomura Securitries, the achievement of Samsung is not free from the high demand in business smartphone, semiconductor and screen hers. But the phenomenal it comes from Samsung's memory chip business.

"Samsung's expectations were initially focused on Samsung's semiconductor and display business, but it turned out that the biggest demand came from the memory chip business," Cheong said. (Reporting by Phone Arena on Monday (10/07/2017).

With predicted profits that have been exposed, Samsung was mentioned able to print profits up to USD 4 billion per month, in the range of April to June 2017.

So to say, even if Samsung's business in the smartphone segment does not reach expectations, this manufacturer still has a number of other businesses that could be the coffers of its profits. Especially in semiconductor segment, screen, and also memory chip.