Data growth fuels Samsung’s record profit

SEOUL, South Korea — Samsung Electronics Co. said Friday its 2Q operating profit soared to the highest in its history as massive data growth fueled a boom in the semiconductor sales and helped defy sluggish growth in the smartphone market and a slowing global economy. In its earnings preview, the tech giant put its April-June operating profit at 14 trillion won ($12.1 billion), up 72 percent from 8.1 trillion won ($7 billion) a year earlier.