SHARE

Samsung Posts Record Quarterly Profit

Strong sales of smartphones have helped the South Korean firm to post record profits for its fourth quarter. Profits were also boosted by many of Samsung’s competitors opting to use the firm’s components, such as memory chips, to power their own smartphones and tablets. Samsung is currently Asia’s most valuable technology firm, with a market value of around US$150bn.

Certification Note

Certified B Corporation” is a trademark licensed by B Lab, a private non-profit organization, to companies like ours that have successfully completed the B Impact Assessment (“BIA”) and therefore meet the requirements set by B Lab for social and environmental performance, accountability, and transparency. It is specified that B Lab is not a conformity assessment body as defined by Regulation (EU) No 765/2008, nor is it a national, European, or international standardization body as per Regulation (EU) No 1025/2012. The criteria of the BIA are distinct and independent from the harmonized standards resulting from ISO norms or other standardization bodies, and they are not ratified by national or European public institutions.