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  • Samsung Electronics' operating profits inched up 2.7 percent in the first quarter, the world's biggest manufacturer of smartphones and memory chips estimated Tuesday. Operating profit during the January to March period was expected to be around 6.4 trillion won ($5.2 billion), up 2.7 percent from a year earlier, Samsung said in an earnings estimate. Sales were 55 trillion won, five percent up year-on-year. Samsung's share price reached a record high in January but has since fallen more than 20 percent amid concerns over the coronavirus pandemic and its economic repercussions. kjk/jah
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  • Samsung Electronics estimates 2.7% rise in Q1 operating profit
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