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How Samsung Continues to Post Record Operating Profits

Sean Allen
Updated
How Samsung Continues to Post Record Operating Profits

South Korean electronics giant Samsung (SSNLF) announced its fiscal 4Q17 (quarter ended December) numbers on Wednesday, January 31. The tech giant recorded its third successive record quarter, thanks to the continued rising demand for its memory chip, in spite of a decline in operating profits in its smartphone division. The prices of two main types of memory chips have surged over the past two years, and this has helped expand the company’s margins.

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