Samsung Electronics operating profits hit an all-time high back in 2013 when it posted 36.8 trillion or $30.95 billion in operating profits. It has been unable to cross the milestone ever since. According to reports, Samsung Electronics has now created a strategy to help it cross this milestone in 2017. The rising price of displays and semiconductors aside from a strong dollar will help Samsung Electronics achieve this aim.
The company was expected to usher in an era of annual sales of more than 200 trillion won ($168.21 billion) and operating profits of well over 30 trillion won before the Galaxy Note 7 went up in flames. The ill-fated flagship caused a 7 trillion won ($5.89 billion) loss to the company which made it difficult to cross the 30 trillion won milestone in 2016. During these meetings, each business division of Samsung Electronics will discuss market conditions in detail and decide action plans for 2017.
