Amazon Great Summer Sale 2026 is set to begin on May 8 for all customers on the e-commerce platform. The upcoming sale event will offer discounts on popular smartphones from brands like Samsung, Apple, iQOO and OnePlus. Just ahead of the sale, Amazon has started teasing several deals, but it has yet to reveal the final price of select models. The flagship Galaxy S series smartphones and iPhone models are set to receive significant price cuts during the sale. Shoppers can further reduce prices with additional bank-based offers. Both the latest and a year-old smartphone are confirmed to be available at discounted rates in the upcoming Amazon Great Summer Sale 2026. Samsung's Galaxy S25 Ultra, originally priced at Rs. 1,29,999, will be available for Rs. 94,999. The OnePlus Nord 6 will be sold for Rs. 36,999, instead of Rs. 52,999. Samsung's Galaxy Z Fold 7 foldable smartphone and the OnePlus 15 will be available for discounted rates. Other popular models like iPhone 16, iPhone 15,...
Samsung Electronics posted record revenue for the first quarter ending March 31, 2026, marking a 43 percent increase over the previous quarter. It reported a consolidated revenue of KRW 133.9 trillion (roughly Rs. 8,00,000 crore) for the Q1 and posted a record operating profit. However, earnings from the foundry business declined in the first quarter. During its Q1 earnings call, Samsung reportedly predicted that the ongoing memory shortage is unlikely to ease before 2027. The company expects the situation could become even more severe in the coming days. Samsung Electronics Posts Record Q1 Profit Samsung Electronics reported record quarterly profit for the January March period this year, with consolidated revenue reaching an all-time high of KRW 133.9 trillion and operating profit hitting an all-time high of KRW 57.2 trillion (roughly Rs. 3,00,000 crore). The growth was driven mainly by the brand's Device Solutions (DS) Division, especially the Memory Business, which benefited fro...