Samsung Electronics chip sales boost Q4 profit

• Powered by strong chip and display panel sales, Samsung Electronics' (OTC:SSNLF) operating profit jumped 50% to 9.2T Korean won ($7.9B) in Q4, helping the company bounce back from its costly Note 7 debacle.
• That put the full year figure at 29T won, a 10% increase from 2015.
• Samsung also expects profit growth this year but warned political uncertainty could challenge its business strategy.