Samsung net profit of £4.2 billion in first quarter

  • Samsung sold a record 69.4 million smartphones in the first quarter
  • That boosts its market share to an all-time high of 33.1%
  • The South Korean company made a net profit of £4.2 billion
  • Apple which sold 37.4 million iPhones in the March quarter, took 17.9 percent of the market

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Samsung profits leap by 41%

Samsung saw its profits leap by 41% in the first quarter of this year, thanks to a surge in sales of its smartphones.