The company on Thursday announced that its Q1 2017 operating profits were around $8.7 billion and total sales stood at $44.1 billion which is nearly 50 percent increase when compared to Q1 2016.
Earlier in the day, Samsung estimated the January-March period will produce its best quarterly profit in more than three years, beating expectations and putting it on track for record annual earnings on the back of a memory chip super-cycle.
Memory chips and flexible displays accounted for about 68 percent of Samsung's operating profit in the final quarter of 2016.
Trump Might Fire Bannon, Priebus
Both aides left having agreed that it was time to "bury the hatchet and move forward", the official said, according to Reuters. Trump is weighing a decision to replace loyalists and his promise to drain the swamp with the very creatures who profit there.
The company's stock is trading near historic highs, despite Lee's troubles and the scrapping past year of its flagship Galaxy Note 7 smartphone due to fire-prone batteries.
The photos shown here are of a Galaxy Note 7 that turned up in Vietnam, although it's not clear if the device was sold legitimately. The company had solid sales of its budget model mobile phones, such as the Galaxy J series. Revenue rose 0.4 percent to 50 trillion won ($44.1 billion). Previously, the smartphone business was the company's main contributor. Samsung scrapped its flagship smartphones past year after they overheated and caught fire, leaving billions of dollars in financial damages and hurting its reputation.
Samsung's sales alone make up a fifth of South Korea's GDP, and for many young Korean graduates getting a job in a chaebol is the most desirable outcome after years of toiling through a rigorous education system.
Tuchel: We were never asked by UEFA about replay
And that was the point of time when we were informed. "But we're in a world where we don't know where we'll end up, that's the truth".
The scandal involves Vice Chairman Jay Y. Lee and several top executives accused of bribery and embezzlement. He and Samsung have denied wrongdoing.
Lee's arrest had raised concerns among conglomerates, called chaebol here, about the possible negative effect on Samsung's businesses, but it proved to be an unnecessary anxiety as seen in the better-than-forecast first-quarter earnings result. (STAND UP) Lee was indicted at the end of February, and by law the district court must rule on the case by the end of May.
Christians nationwide celebrate Easter Sunday
On Sunday he plans to ask his congregation the question, "Will Easter make a difference in your life?" At St. The Christians prepare lavish feasts and celebrate the festival in full fervour.