Samsung Electronics has reported a solid 17% operating profit rate for Q4 2016, which could mean that the Seoul-based manufacturer has managed to narrow the gap with its main rival Apple to an-all time low.
According to BusinessKorea, on January 8, South Korean industry sources reported that sales and operating profits of Samsung Electronics respectively stood at $44.3 billion and $9.2 billion in the last quarter of 2016, registering a operating margins rate of 17.36%. These figures are the highest for the company in the last two years, and are very surprising, … – Source
Operating profits gap between Apple and Samsung hits all-time low in Q4 2016
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