Why Is It Doing So Well Despite Galaxy Note 7 Fiasco?
Samsung Electronics saw profits surge 50% in the last three months of 2016, despite the Note 7 phone fiasco. The 9.2 trillion won ($7.2bn; £5.8bn) quarterly profit is the South Korean firm’s highest since 2013. In October, the smartphone maker had to scrap the Note 7, after recalling 2.5 million handsets. Batteries were blamed for … Read more