Samsung profits and sales slump, hopes for a jump start from cars

Samsung Electronics has posted nasty Q4 results and suggested that premium products and a surging foundry business are its way out of a slump. The chaebol reported its lowest quarterly operating profit since 2014: ₩4.3 trillion ($3.4 billion). The 69 percent year-on-year drop was accompanied by an eight percent year-on-year …

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"Struggling giant" only makes a $35B profit. Struggling? Really? I expect better from el Reg.....