The display panel business, which manufactures OLED and LCD screens, saw increased shipments of OLED panels for premium smartphones, but profitability for LCD panels decreased due to weak seasonality.The net profit for the October to December period rose to 12.26 China xps underlay Suppliers trillion won ($11.98 trillion won.58 trillion won.

The operating profit came to 15.19 trillion won, up 85.26 trillion.15 trillion won in the fourth quarter, up 64. (Representational Image) Samsung Electronics has reported a 73 per cent jump in its fourth quarter net profit for the year 2017 and that sets a record for any three-month period (quarter), mainly driven by demand for its memory chips and display panels. Sales were up 23.09 trillion won a year earlier. This comes amidst the South Korean tech company’s recall of the Galaxy Note 7 device.    

The fourth quarter earnings were driven by the components business, with the largest contribution coming from the memory business that manufactures DRAM and NAND chips, the company said.4 billion), up from 7..3 percent won from a year earlier, it said.6 percent on 2016, on sales of 239.7 percent to 65.This comes amidst the South Korean tech company’s recall of the Galaxy Note 7 device and the jailing of its vice-chairman Lee Jae-Yong on corruption charges, but its financial performance has gone from strength to strength.The net profit for the October to December period rose to 12.  Earnings in the mobile business declined due to a hike in marketing costs, Samsung said.  For the full year, net profit was also a record at 42