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

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...