Oct 29, 2015

Samsung announces big profits for Q3 2015, driven by components business

Samsung's finances are in a favorable position, for this quarter at least. Earlier today the Korean conglomerate issued official figures for the Q3 2015 ending September 31st. Highlights include 51.68 trillion won ($45.55 billion) in consolidated revenue and 7.39 trillion won ($6.51 billion) in operating profit. This translates to a 6% quarter-on-quarter increase. The success is primarily a...

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