SEOUL, South Korea (AP) - Samsung's net profit surged 83 percent in the second quarter to a record high amid strength in semiconductors, flat panels and TVs, though the electronics giant cautioned such stellar results may be unsustainable amid intensifying competition in areas such as mobile phones. Samsung earned 4.28 trillion won ($3.61 billion) in the three months ended June 30, it said in a regulatory filing. Net profit a year earlier was 2.33 trillion won. The result bested Samsung's...
Full Story: CBS News
