Samsung Electronics forecasts fourth-quarter profit at over three-year high | Reuters (Jan 5, 2017)

These are remarkable results in the quarter after the Note7 fiasco began, and the quarter in which the recall itself really began. Revenues are very close to last year’s, while operating profits are the third highest ever after two quarters back in 2013. We’ll have to wait for the final results to come out later this month to see the breakdown, but the Reuters report makes it sound like both smartphones and semiconductors did well, which would be impressive if it’s true.

via Samsung Electronics forecasts fourth-quarter profit at over three-year high | Reuters

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• Samsung

• Financials
• Smartphones

• Samsung Bungled the Note7 Recall

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