Samsung says Q4 profits up 50% despite Note7 recall
Samsung Electronics' profits leaped in the fourth quarter, it said Tuesday, despite the humiliating Galaxy Note 7 recall that hammered the reputation of the world's largest smartphone maker.
Samsung Electronics' profits leaped in the fourth quarter, it said Tuesday, despite the humiliating Galaxy Note 7 recall that hammered the reputation of the world's largest smartphone maker.
Business
Jan 24, 2017
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Samsung Electronics on Thursday flagged its biggest operating profit in more than two years, boosted by cost-cutting efforts and solid sales of its latest flagship smartphone.
Business
Jul 7, 2016
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Samsung Electronics on Thursday posted a better-than-expected 10 percent increase in first quarter profits, on robust sales of the South Korean electronics giant's new Galaxy S7 smartphone.
Business
Apr 7, 2016
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Samsung Electronics reported Thursday a bigger-than-expected decline in fourth quarter earnings as its mainstay smartphone and semiconductor businesses suffered from weakening global demand for consumer electronics.
Business
Jan 28, 2016
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South Korea's Samsung Electronics pulled out of an extended earnings dive on Thursday, reporting a nearly 30 percent surge in third-quarter net profit and announcing a $10 billion share buyback.
Business
Oct 29, 2015
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Samsung Electronics announced a forecast-beating profit for the third quarter Wednesday, sending its share price up nearly 9 percent, but analysts said strong component sales and favorable currency exchange rates masked persistent ...
Business
Oct 7, 2015
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South Korea's SK Hynix Inc., the world's second-largest memory chip maker, announced Tuesday it would spend 46 trillion won (US$38 billion) in facility investments over the next 10 years.
Business
Aug 25, 2015
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Samsung Electronics suffered a fifth straight drop in quarterly earnings as the Galaxy S6 failed to reverse its declining fortunes in global smartphone sales.
Business
Jul 30, 2015
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Samsung Electronics Co. forecast a fall in second quarter profit in a sign that sales of its much anticipated Galaxy S6 smartphones failed to meet expectations.
Business
Jul 7, 2015
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Samsung Electronics flagged on Tuesday better-than-expected profits for the first quarter, with rising demand for memory chips helping offset slumping smartphone sales.
Business
Apr 7, 2015
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