Samsung profit dips 30% to hit 2-year low
The operating profit of electronics major Samsung declined 30% in the quarter ended September from a year ago period, hitting a two-year low. Samsung on Thursday reported its earnings had fallen from over $6.47 billion in Q3 2015 to nearly $4.6 billion in Q3 2016. The 96% plunge in earnings from Samsung's mobile division was offset by its semiconductor business.