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Samsung Electronics profits in the last quarter are the biggest since 2013



Although the Samsung Galaxy Note 7 took its toll on the manufacturer, Samsung Electronics made the most profit in the last quarter since 2013.

The Samsung Galaxy Note 7 was a blow to the electronics division of the immense South Korean brand. Apart from cutting benefits smartphone, and subtract the costs of replacement and recycling, Samsung had a huge loss of confidence. Interestingly, that has not prevented the company from making any profits during the last quarter of the year. In fact, the figures are much higher than expected.

Samsung Electronics profits in the last quarter are the biggest since 2013

Galaxy Note 7 was not a disaster for Samsung: it had record profits Written by Ivan Linares on 06/01/2017 at 14:51 UTC
Although the Samsung Galaxy Note 7 took its toll on the manufacturer, Samsung Electronics made the most profit in the last quarter since 2013.

The Samsung Galaxy Note 7 was a blow to the electronics division of the immense South Korean brand. Apart from cutting benefits smartphone, and subtract the costs of replacement and recycling, Samsung had a huge loss of confidence. Interestingly, that has not prevented the company from making any profits during the last quarter of the year. In fact, the figures are much higher than expected.

Samsung Electronics profits in the last quarter are the biggest since 2013



This would not be so strange outside the context that created the exit of the market for the Samsung Galaxy Note 7, but it is curious in terms of the seen after the disaster. Samsung Electronics has released its latest stock market data for the quarter from October to December 2016, and profits are sounded.

Samsung Electronics won in the cited quarter, the last one of 2016, about 7.800 million dollars. This represents the largest increase in profit since 2013, the year in which the company earned 7.714 billion. The net profit for 2016 is expected to be around $ 17 billion, a record for the company.

Profits for the fourth quarter of 2016 were due to sales of components manufactured by Samsung Electronics. Especially memories selling Chinese enterprises to integrate them into low - cost devices. Also the screen division contributed to the profits by the high sale of OLED panels. The stock price rose accordingly.


If 2016 has been good to the company despite the inconvenience caused by the fateful launch of the Samsung Galaxy Note 7 is expected to 2017 follow the upward trend. The Samsung Galaxy S8 is arousing great interest. And we do not doubt that Samsung will give everything to get the best device possible, rumors point to it.
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