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Asharq Al-Awsat
Asharq Al-Awsat
Technology
Asharq Al-Awsat

Samsung Electronics Says Operating Profits Up 12.18 Percent in Q2

FILE PHOTO: The logo of Samsung Electronics is seen at its office building in Seoul, South Korea, March 23, 2018. REUTERS/Kim Hong-Ji

South Korean chip powerhouse Samsung Electronics said Thursday that second-quarter operating profits were up 12.18 percent, with record profits in its system semiconductor division despite global supply chain woes.

The company's "system semiconductor businesses... achieved a record high quarterly profit," Samsung said in a statement, adding it had both expanded its product line-up and increased the supply of chips to global customers, AFP said.

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