Although the profit of the chip division may drop sharply due to the suspension of production in the United States, Samsung Electronics’ operating profit in the first quarter is likely to be large year-on-year, driven by the strong sales of smartphones, TVs, and home appliances. Up 45%.
On average, 16 analysts surveyed by the financial information provider Refinitiv predict that Samsung’s operating profit in the first quarter will increase to 9.3 trillion won (approximately US$8.2 billion), the highest operating profit in the first quarter since 2018 Level.
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Analysts predict that Samsung’s revenue in the first quarter is likely to increase by 12% year-on-year. Samsung will announce preliminary results for the first quarter on Wednesday.
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