Samsung sets record Q4 profits ahead of Galaxy S9 launch
Samsung's head honcho was found guilty of bribery last year and its vice-chairman stepped down due to "unprecedented crisis," but that didn't affect the Korean conglomerate's cashflow at all. In fact, the company did very well in the fourth quarter of 2017 and the year as a whole: it posted a $14 billion operating profit for the quarter and $50 billion for 2017, thanks mostly to its strong memory and display business. That dwarfs its $7.9 billion operating profit for the fourth quarter of 2016, though that year's earnings were admittedly tainted by the Note 7 fiasco. One of the biggest reasons why Samsung's display division did so well in Q4 2017 is Apple, whose exclusive orders for the X's OLED displays helped it offset the rising won. It's been a while since we've seen the company's mobile division become its top earner , though, and that definitely didn't happen in the fourth quarter. Samsung's mobil biz earnings were do...