Samsung Q4 better than expected

Mutschler, Ann Steffora
January 2008
Electronic News;1/21/2008, Vol. 54 Issue 3, p39
Trade Publication
The article reports on financial performance of Seoul, Korea-based technology company Samsung Electronics Co. Ltd. during its fourth quarter ended December 31, 2007. The company posted record revenues of $18.7 billion, with operating profit and net income coming in at $1.9 billion and $2.4 billion on a parent basis, respectively. In November, Samsung cut more than 1,600 employees between March and the end of September.


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