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January 4, 2017

Samsung Q4 earnings may beat market forecasts, shares skyrocket

Despite the Note 7 fiasco, Samsung is expected to report record-high, forecast-beating Q4 earnings, and its shares are at an all-time high. Indeed, this may be the highest profits the company has ever recorded in the past three years, thanks to its chip business.

See also: Recent Qualcomm ruling could save Samsung and LG $825 million every year 6 days ago

Just a week ago, we reported that quite a few financial analysts in South Korea are expecting that Samsung will post its highest profits in the past three years for Q4 of 2016. Samsung failed to impress last quarter given the Galaxy Note 7 fiasco – which was eventually recalled. However, it seems it hasn’t [...]

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