As HTC continues to stumble in the face of increased competition in the mobile market, Samsung seems to be doing just fine.
Samsung disclosed early estimates for first-quarter sales today, approximating that it generated 45 trillion won (about $40 billion) during the period. In addition, the South Korea-based company said that its operating profit hit about 5.8 trillion won ($5.1 billion). Samsung didn't disclose its net profit.
The strong showing in the quarter just ended would dwarf the first quarter of 2011, when sales hit 37 trillion won and operating profit could only muster 2.95 trillion … Read more