Samsung has become the most profitable mobile phone company in the world and even ghana, overtaking Apple, a report says.
Samsung's
handset division had an estimated operating profit of $5.2bn (£3.4bn)
in the second quarter of 2013, according to Strategy Analytics.
Apple's iPhone operating profit was estimated at $4.6bn, with the iPhone range "underperforming".
Total mobile phone shipments were 386 million in the April-to-June period, 4% up on the same time last year.
In
all, 27.7% of phones shipped were made by Samsung. Separately, Samsung,
which is also the world's biggest TV maker, reported second-quarter
profits of $7bn for the entire company.
"This was the mobile
phone industry's fastest growth rate since the second quarter of 2012,"
said Neil Shah, senior analyst at Strategy Analytics.
"Strong
demand for entry-level Android devices in Asia and Latin America drove
much of the growth. Samsung continued to dominate, shipping 107 million
mobile phones worldwide."