Everyone thought 2016 was not good for Samsung following the Note7 troubles. But the Korean company has numbers to prove us wrong. Today it revealed that the IT & Mobile Communications (IM) division had KRW23.61 trillion in consolidated revenue ($18,8 billion) and KRW2.50 trillion ($2 billion) in operating profit for the last quarter of 2016. The fourth quarter saw higher market demand for smartphones and tablets on year-end peak seasonality. Samsung kept high sales numbers of the flagship Galaxy S7 and S7 edge as well as improved profitability in the mid-to-low end...
Source: http://www.gsmarena.com/samsungs_financial_results_show_growth_despite_note7_fiasco-news-22939.php
