Samsung Profit Jumps, Plans $8 Billion Share Buyback
493 views · Published 24 January 2017 · 2:47 · Indexed 26 October 2026
Channel: Bloomberg Tech · 2017 · News & Politics
Jan.24 -- Samsung’s profit more than doubled in the last three months of 2016 on robust semiconductor sales and a recovery in its mobile business, giving it enough stamina to buy back 9.3 trillion won ($8 billion) of its own shares. Bloomberg Gadfly Columnist Tim Culpan reports on "Bloomberg Technology."
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