The operating margin that measures the income against sales rose 6.5 percentage points on year to 19.8 percent in the first quarter.
If it proves to be true, this confident prediction by Samsung will see the company trump both its results for the same period a year ago, as well as their troubled holiday quarter. A few months later, its de facto heir and several top executives were charged with crimes linked to a political scandal that toppled the country's president.
Samsung's consolidated sales are expected to be around 50 trillion won (~$44.09 billion), with operating profits at 9.9 trillion won (~$8.73 billion). The figure is higher than the average 9.4 trillion forecast from 18 analysts, according to Reuters. "It will give a big boost to Samsung's earnings from the second quarter", analyst from IBK Securities, Lee Seung-woo told the Financial Times.
Billionaire vice-chairman Lee Jae-yong was arrested in February as part of a corruption scandal that has led to the impeachment of former South Korean President Park Geun-hye.
Pandey stars in KKR's 6 wicket win over Daredevils
A smart double off the penultimate delivery completed the victory, with Pandey's IPL tally having surpassed the 2000-run mark. With KKR needing eight off three, Pandey haphazardly played a ball pitching outside the off across the line for a six.
Lee is charged with donating tens of millions of USA dollars to two nonprofit foundations controlled by Choi, who is at the center of the corruption scandal embroiling former President Park.
Of the total, 20.4 billion won went to two dubious foundations allegedly controlled by Choi.
The scion of South Korea's Samsung business empire Lee Jae-yong, has appeared in court on trial for bribery and other charges. As a result, it is suspected that some countries, including the United Kingdom, will not experience much of an improvement in terms of the Galaxy S8's processing speed as they are stuck with Samsung's own-made Exynos 8895. As per a report, Analysts claims that Samsung must have generated about $1.8 billion worth of profit in Q1 2017 after incurring a hefty loss of $5.3 billion previous year due to the Galaxy Note 7.
While Samsung will not provide detailed earnings results until the end of April, analysts tipped its chip division to earn a record 5.8 trillion won and propel the firm to its best overall operating profit since the third quarter of 2013.
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