Smartphones help Samsung to record sales

Samsung Electronics, the world's biggest consumer electronics group by sales, on Friday reported all-time-high quarterly profits for the October to December period despite the slowing global economy.


The South Korean group assessed its operating profit at approximately Won5.2trn or $4.5bn, the company said in a statement.


Up 73 percent, profits were mainly boosted by the company's record sales and the once-off gains from the sale of its hard disk drive business to Seagate .


The group said operating profit may be Won200bn higher or lower than Friday's preliminary estimate when audited results are announced later this month.

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