Samsung's Profits Soar, But Labor Rift Lingers Samsung Electronics' record breaking preliminary second quarter operating profit has sent its shares tumbling nearly 5% at the open.
The South Korean conglomerate's operating profit of 89. 4 trillion won ($58.
4 billion) marks a significant improvement over both the previous quarter and last year's numbers, with revenue rising by 28% to 171 trillion won. However, this latest financial milestone is not without its caveats.