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Samsung Q2 net jumps 50 pct on Galaxy boom, higher chip prices

SEOUL, July 26 (Yonhap) -- Samsung Electronics Co., the world's top maker of computer memory chips and smartphones, said Friday that its second-quarter profit spiked 49.6 percent from a year earlier, buoyed by robust shipments of its flagship Galaxy S smartphones and higher chip prices.

Net profit came to 7.77 trillion won (US$6.96 billion) in the April-June period, compared with a profit of 5.19 trillion won a year earlier, the company said in a regulatory filing.

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