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4 Min Read SEOUL (Reuters) -Samsung Electronics Co Ltd on Wednesday said first-quarter profit likely rose 44%, with analysts attributing the surge to brisk sales of smartphones and TVs, albeit tempered by a likely fall in chip earnings after a storm halted U.S. output. The South Korean technology giant forecast January-March operating profit of 9.3 trillion won ($8.32 billion), matching a weighted average analyst forecast from Refinitiv SmartEstimate. Analysts said Samsung’s mobile division likely saw operating profit soar more than 1 trillion won to about 4.15 trillion won after its flagsh...

Samsung expects first-quarter profits to rise 44%: analysts > Samsung on Wednesday said first-quarter profit likely rose 44%, with analysts attributing the surge to brisk sales of smartphones and TVs, albeit tempered by a likely fall in chip earnings after a storm halted US output. The South Korean technology giant forecast January-March operating profit of $8.32 billion, matching a weighted average analyst forecast from Refinitiv SmartEstimate. Reuters, analysts said Samsung’s mobile division likely saw operating profit soar more than 1 trillion won to about 4.15 trillion won after its fla...

Samsung Electronics says first-quarter profit likely rose 44%, matching expectations Samsung Electronics Co Ltd on Wednesday said first-quarter profit likely rose 44%, with analysts attributing the surge to brisk sales of smartphones and TVs, albeit tempered by a likely fall in chip earnings after a storm halted U.S. output. The South Korean technology giant forecast January-March operating profit of 9.3 trillion won ($8.32 billion), matching a weighted average analyst forecast from Refinitiv SmartEstimate. Revenue likely rose 1… 4 hours ago|Los Angeles, United States

4 Min Read SEOUL (Reuters) -Samsung Electronics Co Ltd on Wednesday said first-quarter profit likely rose 44%, with analysts attributing the surge to brisk sales of smartphones and TVs, albeit tempered by a likely fall in chip earnings after a storm halted U.S. output. FILE PHOTO: The logo of Samsung Electronics is seen at its store in Seoul, South Korea, October 11, 2017. REUTERS/Kim Hong-Ji The South Korean technology giant forecast January-March operating profit of 9.3 trillion won ($8.32 billion), matching a weighted average analyst forecast from Refinitiv SmartEstimate. Analysts said Sa...

Samsung says first-quarter profit likely increased 44%, meeting expectations Joyce Lee and Heekyong Yang SEOUL Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account Getting audio file ... This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer JUNG YEON-JE/AFP/Getty Images Samsung Electronics Co Ltd on Wednesday said first-quarter profit likely rose 44 per cent, with analysts attributing the surge to brisk sales of smartphones and TVs, albeit tempered by a likely fall in chi...