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Samsung Electronics Co. reported its most profitable quarter in two years on Thursday as strong sales of its flagship Galaxy S7 smartphone helped offset a drop in profit on sales of semiconductors and display panels. Second-quarter net profit rose 1.7% from a year earlier to 5.85 trillion Korean won ($5.2 billion), while operating profit rose 18% from a year earlier to 8.14 trillion won. Revenue increased 4.9% to 50.9 trillion won.