Samsung Electronics says Q1 profit likely rose 44%, matching expectations

Samsung Electronics says Q1 profit likely rose 44%, matching expectations

3 years ago
Anonymous $4BDEsVAtYS

https://www.reuters.com/article/us-samsung-elec-results/samsung-electronics-says-q1-profit-likely-rose-44-matching-expectations-idUSKBN2BT33B

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.