A Galaxy Note7 is displayed in Seoul. With the success of the S8 this year, Samsung has put the Note7 scandal behind them. Photo: Reuters/Kim Hong-Ji

Korea’s biggest conglomerate reported record operating profit for the second quarter of the year, surging 72.9% over the same period last year, to US$12.7 billion. The number compares to US$10.6 billion expected for Apple, though analysts say the iPhone maker will likely top Samsung over the full year.

Samsung’s record-breaking quarter came amid the successful launch of the S8, following the exploding Note7 scandal of last year, but was largely driven by the company’s flash memory business.

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