Things were looking pretty grim for Samsung when it threw in the towel and issued a global recall for its fire prone Galaxy Note 7 devices after failing to fix the problem with an initial round of replacements. Despite the setback, Samsung reported preliminary fourth-quarter operating income of 9.2 trillion won (around $7.8 billion in U.S.

Source: Hot Hardware – Samsung Forecasts Record Q4 Profit Despite Explosive Galaxy Note 7 Saga