Samsung gets ‘triple crown’

Samsung Electronics won a so-called “triple crown” in its second-quarter report as its Q2 revenue, operating profit and net income broke the previous record highs thanks to brisk semiconductor sales. Operating profit was 14.07 trillion won ($12.64 billion) in the June quarter, up 72.72 percent from a year earlier, Samsung said in a statement on Thursday. It topped the company’s previous record high of 10.16 trillion won posted in the third quarter of 2013. Revenue increased 19.76 percent from a year earlier to 61 trillion won in Q2 and net income soared 89.04 percent to 11.05 trillion won. Both revenue and net income were the largest Samsung ever recorded in its decades-long history.