Samsung Posts Q4 Profit Despite Pandemic Challenges
Samsung Posts Q4 Profit Despite Pandemic Challenges South Korean tech giant expects profit slump in Q1 of FY2021. South Korean tech giant Samsung's net profit increased 26.4% in the fourth quarter of the fiscal year 2020, the company said on Thursday. Despite challenges posed by the COVID-19 pandemic, efforts to ensure "stable supply of products and services globally helped Samsung's fourth-quarter results," the company said in a statement. "Profit rose 26.4 percent year-on-year led by display and memory chip businesses, but fell 26....