Samsung Electronics had Q4 operating profit of $7.9 billion on revenues of $53 billion – the highest operating profit in 13 quarters and 50% up on Q4 2015. $4.25 billion of the profit came from the semiconductor business which was 77% up on Q4 2015. “Fourth quarter earnings were driven by the components businesses, mainly ...
Read full article: Samsung profit up 50% y-o-y.
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