Samsung’s Sees a 79.8 Percent Increase in Q3’s Operating Profits

Samsung’s financial reports are in for the third quarter of this year and just as analysts predicted, profits are up compared to last year. Samsung saw a 79.8% increase in operating profits resulting in $6.29 billion for this last quarter. Reports are saying this increase in profit is because of the company’s cost-cutting, improved inventory management and an increase in demand for their semiconductor division.

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