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Samsung Electronics set for best quarter in over 2 years on second quarter smartphone boost

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Samsung Electronics set for best quarter in over 2 years on second quarter smartphone boost Tech giant   Samsung Electronics   Co Ltd <005930.KS> is poised to issue guidance for its best quarterly profit in more than two years, propelled by a surge in mobile earnings on the back of robust sales of its flagship   Galaxy S7   smartphones. The South Korean giant will disclose its estimates for second-quarter earnings on Thursday, with analysts predicting a strong mobile division contributed to a 13% jump in operating profit from the same period a year earlier. The average forecast from a Thomson Reuters survey of 16 analysts tips Samsung to report April-June operating profit of 7.8 trillion won ($6.8 billion), the highest since an 8.5 trillion won profit in January-March of 2014. The mobile division of the world's top maker of smartphones and memory   chips   was likely its top earner for the second straight quarter with a 4.3 trillion won pr...

Samsung may release phones with bendable screens by 2017

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Samsung may release phones with bendable screens by 2017 Samsung Electronics   Co is considering introducing two new smartphone models that will feature bendable screens, including a version that folds in half like a cosmetic compact, people familiar with the matter said. The devices using organic light-emitting diodes could be unveiled as soon as early 2017, the people said, asking not to be identified because the matter is private. That would likely give it a head start on new Apple Inc iPhones. The second Samsung model will have a 5-inch screen when used as a handset, that unfurls into a display that's as large as 8 inches, similar to a tablet, the people said. Samsung , the biggest supplier of OLED panels for mobile products, has pioneered the development of new screen formats with its multi-sided Edge smartphones. Using advanced display technology may help the company recapture customers from Apple and boost earnings that have slumped for the past two years. ...