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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...

The fight for supremacy in the premium smartphone segment between Samsung and   Apple   continues to create ripples in the Indian market. During the past two years, the war has attracted enough attention and evoked excitement among technology device freaks in the country. And in the latest round of the fight, Samsung again proved its dominance over Apple in the first half of the year. According to the latest data, during January and April, 2016, Samsung’s market share in the above Rs 30,000 price segment rose to 46%, compared to Apple’s 42%. The stark contrast and changing of leadership position on a regular basis can be traced in the fact that during the four months, preceding the period mentioned above, Apple used to hold similar market share and used to be chased by Samsung. During September and December, 2015, Apple’s market share in the premium segment was nearly 48%. While increasing promotion and distribution focus is usually attributed to such periodic change...