The South Korean electronics giant says that its fourth-quarter operating profit is up 89% year on year, to 8.84 trillion won ($8.3 billion). While analysts had expected a cut in capital spending for 2013, the firm said it would keep investment at a similar level to 2012—though not raise it, as it has for most of the past eight years.
Samsung posts record operating profit, nearly double last year’s
By Quartz Staff
Published Last updated This article is more than 2 years old.
