Samsung reports 53% jump in profit despite supply chain woes

By Agence France-Presse

Jan 27, 2022 4:45 pm

SEOUL: South Korean tech giant Samsung Electronics said on Thursday its operating profit rose 53.3 percent in the fourth quarter of 2021, as record sales helped overcome pandemic-induced supply chain challenges.

The world's biggest smartphone maker said its operating profit rose to 13.87 trillion won ($11.55 billion) for the October-December period in 2021, up from nine trillion won in the same quarter the previous year.

A person walks behind a Samsung logo displayed outside the company's Seocho building in Seoul on January 27, 2022. AFP PHOTO

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