Samsung Electronics Witness Surge In Q4 Profits


South Korean electronics giant Samsung Electronics is likely to report a 52 percent jump in its operating profit in the fourth quarter of 2021. The surge was helped by solid demand for server memory chips and higher margins in chip contract manufacturing.

As per the company, this is the highest jump it has recorded for the quarter in four years. The world’s largest memory chip and smartphone maker estimated October-December profit at… (Read more at