By John Glenday

Samsung has posted a set of strong first quarter results driven by the success of its top of the line Galaxy S7 branded smartphone line-up.

The popularity of these devices contributed to a 12 per cent growth in operating profit from the same point in the calendar as last year to 6.68tn won, with quarterly revenues rising to 49.78tn won, a 5.7 per cent year on year uplift.

This stands in sharp contrast to the latest batch of figures to be released by arch-rivals Apple, which saw the first decline in iPhone sales for 13 years in its own results for the Read full story ›

Source: The Drum