Samsung enjoys record profits thanks to booming memory chip business

Samsung Electronics Co. Ltd. saw its share price jump 5 percent early Wednesday in South Korea after posting a record-breaking fourth-quarter operating profit of 15.2 trillion won ($ 14.15 billion). That’s up 64 percent from the same quarter a year ago. Samsung also said its revenue rose 24 percent, to 66 trillion won, in line with […]

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