Technology
(Urgent) Samsung Electronics reports 50% jump in Q4 operating profit
Jan. 24, 2017
Samsung Electronics Co. said Tuesday its operating profit for the fourth quarter of 2016 jumped 50.11 percent on year, thanks to rising prices of semiconductors and display panels. Operating profit, which excludes income from subsidiaries, stood at 9.2 trillion won ($7.89 billion) for the October-December period last year, compared with 6.14 trillion won for the same quarter in 2015, Samsung said in a regulatory filing. (Yonhap)Compared with a quarter earlier, fourth-quarter operating profit su