Samsung Electronics unveils stock split, record profit as chips sizzle

Samsung Electronics unveils stock split, record profit as chips sizzle

6 years ago
Anonymous $v9r5mEH86V

https://www.reuters.com/article/us-samsung-elec-results/samsung-electronics-unveils-stock-split-record-profit-as-chips-sizzle-idUSKBN1FJ35X

Samsung Electronics Co Ltd said it expects demand for memory chips to remain strong in 2018, as it reported record annual profit driven by a so-called memory chip "super-cycle" and announced a 50:1 stock split.