Samsung makes record profit of $109m a day as chip demand soars


Electronics giant makes $10bn profit in just three months on the back of strong sales and relaunch of Galaxy smartphones

South Korean tech giant Samsung Electronics logged a record profit of 11.2trn won – $10bn (£7.6bn) – in the July to September period, it said on Tuesday, its best for any quarter.

The world’s biggest memory chip and smartphone maker had its de facto leader jailed in August for bribery and faced a recall of its flagship Galaxy Note 7 device.

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