Samsung profit jumps 50% despite recall of exploding Note 7 
Samsung on Friday said its profit in Q4 2016 surged 50% year-on-year to its highest level in three years despite recalling its exploding Galaxy Note 7 smartphones. The company's earning preview disclosed an estimated operating profit of $7.8 billion. Strong sales of Samsung's semiconductors, memory chips and older devices along with depreciation of the Korean Won reportedly helped the company.