Samsung shares hit record high, but the company slashes bonuses for the mobile division

Buoyed by strategy evaluations and management structure reshuffles, Samsung shares are hitting record high today. The company is reportedly having internal meetings between departments this week to plot the course of action on the way to earn at least $25 billion of operating profit next year. These are encouraging signs that Samsung is trying to put the Note 7 recall behind its back, and look forward to 2017, the Galaxy S8, and the OLED iPhone 8 which is said to come with Samsung display panels.