Cash reserves Samsung Electronics hit record

According to the source, cash reserves Samsung Electronics achieved record — 69.1 billion dollars. This result was recorded in the second quarter of this year.

In comparison with the fourth quarter of last year increased by 7.8%, when compared with the last quarter of 2011, the increase was 287%.

Cash reserves include cash, cash equivalents, short-term financial instruments and short-term liquid assets. Now, since the end of last year the amount of money Samsung Electronics grew by 14.2% to 23.2 billion dollars.

Analysts predict a further increase in the cash reserves of the company in connection with the sale of certain assets, but we should not forget the problem with smartphones Galaxy Note7, which in the end may cost Samsung more than $ 1 billion.

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Samsung

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