You are here
Samsung shares up on biggest quarterly net profit since 2013
Net profit for the January-March period jumps 46 per cent from a year ago to 7.68 trillion won
Samsung was humiliated by the Galaxy Note 7 recall last year but has recently launched a new flagship device, the Galaxy S8, to positive reviews and strong orders.
PHOTO: REUTERS
Seoul
SOUTH Korean technology giant Samsung Electronics posted its biggest quarterly net profit for more than three years on Thursday after shrugging off the debacle over exploding Galaxy Note 7 batteries.
The results, driven by strong demand for the company's memory chips,
GAIN ACCESS TO ALL BT PREMIUM CONTENT:
Or get a 2-week FREE trial
Need help?
- CALL +65 6388 3838
- EMAIL btocs@sph.com.sg
