Samsung Electronics Co Ltd posted a record quarterly profit, as expected, for the three months through December, led by strong demand for memory chips.


Operating profit for the world’s biggest chipmaker was 15.15 trillion won ($14.12 billion) in the fourth quarter, up 64.3 percent from a year ago and in line with the 15.1 trillion won the company had estimated.


Revenue jumped 23.7 percent to 66 trillion won, also in line with its earlier estimate.


($1 = 1,072.6500 won)