Samsung Electronics posts record operating profit in Q4

Samsung Electronics Fri posted a record functioning profit of A few.3 trillion earned ($4.72 billion) in the fourth quarter and also a net profit of four trillion, thanks largely for you to booming smartphone product sales.
The operating income figure, a Seventy six percent increase year-on-year, seemed to be largely in line with the income guidance issued first this month with the South Korean firm.
Revenue in October-December was 47.3 trillion won, a 12 percent rise year-on-year. Net income was up 17 percent on a year previously.

For the whole of recently the company logged a net profit of 12.7 trillion received, down 15 percent from the previous year.
Revenue rose 6.Seven percent to a record 165 trillion picked up and operating gain declined 6.05 per cent to 16.A couple of trillion won.
The actual firm attributed it is record quarterly running profit largely to the strong smartphone line-up.
“Despite become more intense competition amid the world economic slowdown, each of our telecommunications businesses extended to post solid earnings with an enhanced line-up of high-end smartphones, resulting in greater average selling price,Inch said senior vice-president Robert Yi in a statement.

source : http://info-gadget.com/news-2/samsung-electronics-posts-record-operating-profit-in-q4/