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Old 7th April 2017, 05:03   #1
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Default Samsung makes record earnings from chips

Never mind the fact that one of your flagship products caught fire and your Vice Chairman is in jail, Samsung is still winning.

Record earnings at Samsung Electronics chip division are set to propel the tech giant’s first-quarter profit to a three and a half year high, and the quarters ahead could be even better if its newest smartphone, Galaxy S8, is a success.

A boom in memory chips spurred by demand from smartphones and servers has helped Samsung tide over the costly failure last year of its Galaxy Note 7 smartphone and management turmoil.

Vice Chairman Jay Y. Lee is on trial for bribery and other charges linked to a corruption scandal that led to the ouster and arrest of South Korean President Park Geun-hye.

http://www.techeye.net/business/sams...ngs-from-chips
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