Electronics major Samsung has recorded 76 percent surge in its fourth-quarter profit primarily due to high margins from record sales of its high- end smartphones and chip business.
Net profit for the quarter rose to 7.04tn won ($6.6bn, £4.2bn), up from 4.01tn won in the same period a year earlier. In the third quarter, the company had posted a record profit of 6.56 trillion won.
Quarterly revenues rose 18.5 percent to... (Continue Reading)
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