Tag Archives: Samsung's

South Korean company Samsung’s operating profit rose 53.3% in the fourth quarter of 2021, as record sales helped overcome challenges the company faces due to supply chain issues. The world’s largest smartphone maker said operating profit rose to KRW 13.87 trillion, or $11.55 billion, for the October-December 2021 period, up …

Samsung third-quarter profit jumped 28%, to a 3-year high, as rising memory chip prices, chip-making contracts, and screen sales outpaced rising consumer electronics production costs. The world’s largest maker of memory chips and smartphones said operating profit rose to 15.8 trillion won (about $13.48 billion) in the July-September period, from …