https://apnews.com/161213bfe0634be3b242a38c574e5d35

SEOUL, South Korea (AP) — Samsung Electronics says it operating profit for the last quarter fell by nearly 56%, with its robust smartphone and TV sales offset by a continuously weak market for computer chips.

The South Korean technology giant on Thursday reported an operating profit of 7.78 trillion won ($6.7 billion) for the July-September quarter, which represented a 55.7% drop from the same period last year.