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مشاهدة النسخة كاملة : Record Chip Profits Boost Samsung's Fourth Quarter Earnings


ahlam1399
01-24-2017, 03:09 PM
Samsung an**unced fourth quarter operating profits of $7.9 billion in its earnings call on Tuesday, 50 percent higher than the same period a year ago.

The number was in line with Samsung's guidance earlier in the month and reflects record-high earnings from its memory chip division, glossing over the company's fire-prone **te7 woes (http://www.macrumors.com/2017/01/23/samsung-**te7-battery-investigation/), which are said to have cost it at least $5 billion since the third quarter.

But the results also come on the back of strong sales of the company's Galaxy S7 and S7 Edge phones, apparently confirming reports (http://www.macrumors.com/2016/12/29/iphone-7s-lack-compelling-features/) that suggested most consumers stayed loyal to the brand despite the absence of the **te7, which was considered to be the closest rival to Apple's iPhone 7 (http://www.macrumors.com/roundup/iphone-7/).

http://cdn.macrumors.com/article-new/2016/12/samsung-800-new-800x269.jpg
Samsung said its mobile division generated $2.1 billion in operating income over the last three months of 2016 ? an increase of 12 percent over Q4 2015 ? while its display business racked up $1.1 billion, thanks to rising demand for the company's OLED mobile displays. (Samsung is also said be the sole supplier (http://www.macrumors.com/2016/12/29/samsung-again-rumored-oled-displays/) of the displays for the 2017 iPhone 8 (http://www.macrumors.com/roundup/iphone-8/).)

During Samsung's conference call, the company offered a preview of its mobile business plans for the year. As expected, Samsung said its next round of smartphones would include voice-activated artificial intelligence features ? leaks suggest the Siri (http://www.macrumors.com/roundup/siri/)-like feature will be called "Bixby". The South Korean firm also said it would be releasing a phone with a "differentiated design", leading some to speculate that a rumored foldable handset is almost ready for market.

The results appeared unaffected by the scandal surrounding Samsung president Park Geun-hye, who is under investigation over alleged bribes paid to an associate to win support for a merger of affiliates in 2015.

Tag: Samsung (http://www.macrumors.com/roundup/samsung/)

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