Chip growth leads Samsung to another record profit

Samsung Electronics Co. reported another record quarterly profit as a revival in its semiconductor business and strong shipments of cheaper handsets offset flat sales of high-end smartphones.

Samsung posts steep drop in Q4 operating profit

South Korea's Samsung said Friday operating profit tumbled almost a fifth in the fourth quarter, due to a one-off bonus and slowing sales of the electronic giant's high-end smartphones.

Samsung flags better-than-expected Q1 profit rise

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.

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 tips record Q4 operating profit of $4.5bn

Samsung Electronics said Friday it expects a record operating profit in the fourth quarter of 5.2 trillion won ($4.5 billion), 73 percent up year-on-year thanks mainly to strong smartphone sales.

Samsung vows changes after mobile profit plunges

Samsung Electronics Co. admitted erring in its smartphone strategy and vowed Thursday to overhaul its handset lineup after profit from those devices tumbled last quarter to the lowest in more than three years.

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