Samsung Electronics says first-quarter profit likely rose 44%, matching expectations

Samsung says profits likely jumped 44% despite chip supply problems

Samsung expects to have pulled off a strong first quarter, even as one of its chipmaking facilities was temporarily shut by a brutal US winter storm earlier this year.The South Korean conglomerate said Wednesday that it likely made about 9.3 trillion Korean won ($8.3 billion) in operating profit from January to March, marking a 44% jump compared to the same period last year.It also expected sales to have climbed about 17% year-on-year, to approx…

Samsung says profits likely jumped 44% despite chip supply problems

Samsung expects to have pulled off a strong first quarter, even as one of its chipmaking facilities was temporarily shut by a brutal US winter storm earlier this year.The South Korean conglomerate said Wednesday that it likely made about 9.3 trillion Korean won ($8.3 billion) in operating profit from January to March, marking a 44% jump compared to the same period last year.It also expected sales to have climbed about 17% year-on-year, to approx…

Samsung says profits likely jumped 44% despite chip supply problems - Local News 8

Samsung expects to have pulled off a strong first quarter, even as one of its chipmaking facilities was temporarily shut by a brutal US winter storm earlier this year.The South Korean conglomerate said Wednesday that it likely made about 9.3 trillion Korean won ($8.3 billion) in operating profit from January to March, marking a 44% jump compared to the same period last year.It also expected sales to have climbed about 17% year-on-year, to approx…

Samsung says profits likely jumped 44% despite chip supply problems

Samsung expects to have pulled off a strong first quarter, even as one of its chipmaking facilities was temporarily shut by a brutal US winter storm earlier this year.

Samsung Electronics enjoys 44% jump in Q1 operating profit

Samsung Electronics said Wednesday that it recorded an estimated 9.3 trillion won ($8.3 billion) in operating profit in the first quarter, up 44.2 percent from a year ago, on the back of solid sales of smartphones following the release of its flagship Galaxy S21 series. In a preliminary earnings report, the electronics giant estimated total sales to have jumped 17.5 percent to 65 trillion won in the first three months of 2021 on a year-on-year b…

Samsung Electronics says Q1 profit likely rose 44%

Samsung Electronics has said first-quarter profit likely rose 44%, with analysts attributing the surge to brisk sales of smartphones and TVs.