Samsung expects its record-breaking profits in 2017 will continue

After stumbling in 2016 Samsung appears to be back on track in 2017, as it just announced projected earnings for the second quarter that would show its highest operating profit ever. The company won’t provide a detailed breakdown for a few more weeks, but it’s estimating an operating profit of 14 trillion Korean won ($12.11 billion US). Analysts cited by Bloomberg and Reuters believe the figures got a boost from the well-received Galaxy S8, as well as the RAM, processors and display components Samsung makes.