STEVE INSKEEP, HOST: NPR's business news starts with Samsung ringing up sales.</s>STEVE INSKEEP, HOST: Samsung said this morning its first quarter profit is at a record high - net profit surged 42 percent. The company has now seen six straight quarters of growth, thanks to strong smartphone sales. Tomorrow, it's launching a new smartphone in the United States - the Galaxy S4 - which is aimed at taking on Apple's iPhone.
Samsung announced Friday its first quarter profit is at a record high — net profit surged 42 percent. The company has now seen six straight quarters of growth, thanks to strong smartphone sales. On Saturday, it's launching a new smartphone in the U.S. — the Galaxy S4.