Categories: News

Samsung posts highest profits in three years, despite Note7 debacle

Samsung saw profits increase to three-year highs in Q4. (Reuters)

Samsung reported Monday that its Q4 2016 operating profits jumped by 50% to $7.9 billion, the company’s highest in three years.

This news comes just a day after the South Korean conglomerate reported that faulty batteries were behind the spontaneous combustions of its Samsung

ytech

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