Samsung Misses Q4 Earnings Forecasts On Huge Bonuses

(Undated) -- Samsung Electronics came up short on fourth quarter earnings forecasts as it paid out a billion dollars in bonuses. The South Korean electronics giant announced today that its fourth quarter profit of just under seven-point-eight billion dollars was down six percent from a year ago. The bonuses mark 20 years since Samsung's chairman set out to move the firm from a mid-level TV maker to a global technology leader.