According to the balance advice that was afresh released, the aftermost division of 2017 was a abundant one for Samsung. The aggregation generated an operating accumulation of 15.1 abundance won (around $14 billion) in the October-December aeon — a 68.8 percent access compared with the year before.
If the estimates about-face out to be accurate, 2017 would be a almanac year for Samsung. Its operating accumulation for the absolute year would beat $50 abundance won (around $46 billion), which would be a aboriginal for the tech giant. For comparison, the aggregation “only” fabricated 29 abundance won (around $27 billion) in 2016.
Samsung’s flagship smartphones like the Galaxy S8 and Note 8 are affairs acutely well, but they aren’t the capital acumen for the abundant banking results. The aggregation has the dent business to acknowledge for that, which brought in about 35 abundance won (around $32 billion) in absolute aftermost year — added than 60 percent of the company’s absolute operating profit. Demand for DRAM and NAND anamnesis chips was aerial in 2017, causing prices to accelerate and acceptable consistent in a record-breaking year for Samsung.
- Samsung estimates that it will generate an operating accumulation of 15.1 abundance won (around $14 billion) in Q4 2017.
- This would represent a 68.8 percent access back compared with the year before.
- The company’s operating accumulation for the absolute year could be record-breaking acknowledgment to its dent business.
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