Samsung published the report for the fourth quarter of 2016 and the year as a whole

Samsung has published the report for the fourth quarter of 2016 and the year as a whole.

The final quarter of 2016 brought the South Korean manufacturer 45,67 billion dollars in revenue. This figure is approximately equal to the figure for the fourth quarter of 2015. Operating profit in the fourth quarter of 2016 was 7.9 billion dollars, which is 50.2% more than a year ago.

Income for the year totalled $ 173 billion, operating profit of 25 billion dollars. These indicators are more indicators for 2015 by 0.6% and 10.7%, respectively.

The manufacturer highlights the growth performance of the units producing components: memory chips and displays. It is noteworthy that among the divisions that showed growth, is and mobile. In other words, the failure model Galaxy Note7 did not become fatal for him. At the same time, a division, a manufacturer of consumer electronics, showed a slight decrease in profits despite an increase in sales of high end televisions.

Source: Samsung

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