Samsung posts higher than expected operating income for Q3

Samsung has resumed sales of the troubled Galaxy Note7 and despite the issues, it reported higher than expected operating income. The company released a preview of its financial results, the full details will be available later. Samsung recorded an operating income of KRW 7.8 trillion ($7 billion) for the third quarter of this year (July-September). This is 6% up from the 7.4 trillion it did the same quarter last year and up from the 7.5 trillion that analysts expected. This is despite a 5% year-to-year drop in sales (total KRW 49 trillion or $43.9 billion). Analysts calculate that...