Samsung shrugs off Galaxy fiasco and a political scandal in South Korea to post 50 per cent jump in profit

[ad_1] Samsung Electronics Co. said Friday that its profits in the last quarter of 2016 surged 50 per cent to the highest level in more than three years, despite the Galaxy Note 7 fiasco. Analysts had expected Samsung’s profits to surge thanks to its mainstay semiconductor business, but the result surpassed even the most optimistic…