Earnings surge for Samsung Electronics on huge chip profit
SEOUL, South Korea (AP) " Quarterly earnings surged again for Samsung Electronics, thanks to its record-breaking chip business.The South Korean company said Wednesday that its October-December earnings jumped 74 percent to 12 trillion won ($11.2 billion), compared with 6.9 trillion won a year earlier. It was slightly higher than analysts' consensus of 11 trillion won, according to financial data provider FactSet.Sales and operating profit also rose in line with Samsung's [...]
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