Samsung's profit tops $10 billion
Samsung Electronics said Friday that its net profit topped $10 billion last year, a landmark in its 35-year rise from television maker to the world’s No. 1 producer of memory chips and flat panel screens.
Even so, Samsung finished 2004 on a weak note, with its fourth-quarter net profit falling 2 percent from a year earlier to 1.83 trillion won, or $1.76 billion.
Read the complete story (International Herald Tribune)
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