The giant south Korean Samsung Electronics announced on Tuesday that its operating profit had jumped from 50.2% to 9.220 billion won (7.4 billion euros) in the fourth quarter, despite the setbacks faced by its flagship smartphone Galaxy Note 7.
In a press release, the giant south Korean company explained that it recorded a profit from October to December 2016 has been worn by its sales of memory chips.
turnover amounted to 53.300 billion won (42,6 billion euro), almost unchanged compared to the same period of the previous year.
On the whole of the past year, the operating income grew by 10.7% on a year-to-29.200 billion won (23,34 billion euros), while turnover has only grown by 0.6% at 201.900 billion won (161,4 billion euros).
“Samsung has achieved good results in spite of the judgment of the Note 7 in the second half,” commented the group in a press release.
The first south Korean conglomerate had been forced in September to order the recall worldwide of $ 2.5 million of Note 7, several specimens having caught fire or exploded. Samsung had referred to a problem of the battery that was presumably manufactured by the sister company Samsung SDI.
Samsung was then abandoned completely in October of that production device, which would compete with the iPhone 7, when it appeared that some of Note 7, which are distributed in replacement of the first were also taking fire. The battery of these new devices was likely manufactured by the chinese to ATL.
The giant south Korean company, the world’s leading manufacturer of smartphones, accustomed until then to be considered as the nec plus ultra of technology, has formally acknowledged on Monday that the problem was actually a malfunction of the batteries.
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