Samsung reports fourth-quarter operating profit of about $11.6 billion, up 53% year-on-year, on revenue of about $63.8 billion, up 24% year-on-year , but misses a net profit of about $8.9 billion versus about $9.2 billion expected (Sohee Kim/Bloomberg)







Sohee Kim / Bloomberg:

Samsung reports fourth-quarter operating profit of about $11.6 billion, up 53% year-on-year, on revenue of about $63.8 billion, up 24% year-on-year , but misses net profit of about $8.9 billion vs. about $9.2 billion expected– Samsung Electronics Co.’s fourth-quarter profit beat analysts’ estimates after the company handed out a special bonus and increased spending…





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