Samsung Electronics says net profit rose 13 percent in the fourth quarter amid strength in semiconductors and smartphones.
The company says that it earned 3.42 trillion won ($3.1 billion) in the three months ended Dec. 31. It had net profit of 3.04 trillion won the year before.
Samsung Electronics Co. said Friday that fourth-quarter sales rose 7 percent to 41.87 trillion won. That compares with sales of 39.25 trillion won the year before.
Samsung is South Korea's largest company and a major global technology force. It manufactures products including computer memory chips, flat screen televisions, liquid crystal displays, mobile phones and home appliances.
