Tag Archives: Leapt

Samsung Tips Profit Leapt 50 Percent Despite Galaxy Note 7 Fiasco

Samsung Electronics Co. said Friday that its profits in the last quarter of 2016 surged 50 percent to the highest level in more than three years, despite the Galaxy Note 7 fiasco. Analysts had expected Samsung’s profits to see big gains thanks to its mainstay semiconductor business, but the result surpassed even the most optimistic forecast. The semiconductor division cashed ... Read More »