The financial report shows that Samsung Electronics’ operating profit in the first quarter is expected to reach 15.6 trillion won (approximately US$14.6 billion), an increase of 57.58% from 9.89 trillion won in the same period of last year; revenue is expected to increase by 18.69% year-on-year, from the previous year The same period of 50.5 trillion won increased to 60 trillion won.
According to the analysis, the reason why Samsung Electronics' operating profit in the first quarter hit a record high was mainly due to the unprecedented growth in the global memory chip market, which will offset the slowdown in the sales of smartphones and related accessories business. However, due to the iPhone X With less than expected sales, the operating profit of the Samsung Display Division, which supplies OLED panels, may be significantly reduced.