The continued strength of the Company's memory business contributed to the higher operating profit.
The operating profit for the chip division accounted for 78.1 percent of the entire pie, trailed by the IT and Mobile Communications division at 17.9 percent. Samsung's overall operating profits slid almost 5% sequentially to KRW14.87 trillion in the second quarter.
According to IDC, Samsung shipped 71.5 million shipments for the second quarter of this year, becoming the biggest smartphone brand for this quarter.
The local currency's weakness to its major peers, except the greenback, negatively influenced a net 400 billion won (358 million US dollars) worth of operating profit compared with the prior quarter.
Koch Brothers Are a 'Total Joke'
He also advocated for requiring voters to present photo identification, even though Florida already has such a law on the books. The Koch network says it spent $20 million promoting the bill, which turned out to be a pretty spectacular investment.
Analysts expect Samsung's operating profit to reach over W17 trillion in the third quarter thanks to the booming semiconductor market.
Overall, Samsung's mobile business brought in?2.7 trillion (£1.8bn) in operating profit in Q2, a 34 per cent fall quarter on quarter. It offset weak demand for Samsung-made air conditioners.
The mobile market condition will likely remain challenging in the second half amid pricing competition and new product launches, said Samsung. People are holding on to their high-end smartphones for longer periods of time between upgrades, Lee said, meaning fewer people are rushing out to buy flashy new models each year.
We already know that the Samsung Galaxy Note 9 will launch of August 9, but it appears that the South Korean firm has quietly confirmed the release date for its new phablet as well. Demand for DRAM is being driven by higher memory content in devices such as smartphones and a higher uptake from the server market. He also thinks Samsung could have a three-generation lead over its rival Apple Inc.'s iPhone when it comes to 5G technology, something that would also help its cause going forward.
It brought the total spent in the first half to 16.6 trillion won (14.8 billion USA dollars).