Samsung Flags 15 Percent Increase in Q4 Operating Profit

Samsung Electronics on Friday flagged a 15 percent increase in 2015 Q4 operating profit, rounding off a year in which the world’s largest smartphone producer struggled with fierce competition from arch-rival Apple and cut-price Chinese competitors. In an earnings estimate, the South Korean tech giant predicted an operating profit of SKW 6.1 trillion (roughly Rs. […]