Seoul – Samsung
expects strong first-quarter gains in revenues and operating profits.
In issuing earnings guidance for the first
quarter, the company said it expects revenues to hit approximately 45 trillion
won, up about 22 percent from the year-ago period. Operating profits are
expected to hit about 5.8 trillion won, up around 10 percent, the company said.
The
guidance is provided ahead of the company’s announcement of full quarterly
earnings results, expected to be issued later this month.
Analysts believe gains from selling phones and TVs helped offset a slumping chip business.
