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Operating profit for Samsung likely rose to 5.7 trillion won ($4.24 billion) in the quarter ended March 31, according to the average of an LSEG SmartEstimate from 27 analysts, weighted toward those who are more consistently accurate.
Samsung Electronics' quarterly profits has dropped nearly 78 percent owing to a slump in the prices of memory chips. The company's sales have also dropped nearly 13 percent.
The global economic downturn has adversely affected the demand for semiconductors and memory chips. As a result, major South Korean chip manufacturing companies have decided to cut their production short for this year.