Samsung posts record profits in Q3

[GSMArena]

After releasing its preliminary guidance two weeks ago, now Samsung has posted its official earnings for Q3 2017. The company registered KRW14.53 trillion in operating profit or $13 billion. This is a massive 179% growth year over year and a record, enabled by high demand for flagship mobile devices and memory chips for servers. The revenue reported by Samsung is KRW62.05 trillion ($55.48 billion) which is an increase from KRW47.82 trillion ($42.75 billion). The net profit also increased drastically - an 89% jump from KRW4.54 trillion ($4.05 billion) in June-September 2016 to KRW11.19...



https://www.gsmarena.com/samsung_record_profit_in_q3_2017-news-28016.php