It reported revenue of 93.8 trillion won (S$82.1 billion) in the fourth quarterSamsung Electronics posted 20 trillion won (S$17.6 billion) in operating profit for the October to December period. PHOTO: REUTERS[SEOUL] Samsung Electronics said its operating profit more than tripled to a record high in the fourth quarter and forecast strong chip demand ahead, as the race to build artificial intelligence strains chip supply and boosts prices. The results underscore the strong pricing power of the world’s top memory chipmaker whose profit growth is expected to accelerate this year. The South Korean company posted 20 trillion won (S$17.7 billion) in operating profit for the October to December period, in line with its estimate of 20 trillion won and up from 6.49 trillion won a year earlier. It reported revenue of 93.8 trillion won (S$82.1 billion) in the quarter, up 24 per cent from a year earlier.