Samsung Electronics Q4 net profit expands over 20 pct despite waning chip demand

Samsung Electronics Co. said Friday its fourth-quarter net income rose more than 20 percent from a year earlier despite the waning global demand for memory chips, beating market expectations.Its net income totaled 7.75 trillion won (US$5.4 billion) for the October-December period, up 22.2 percent from 6.34...