Apr 11 2017
The company on Friday announced estimated first-quarter operating profit of 9.9 trillion won, up 48.2 percent on year.
A refreshed focus on the Galaxy S7 was able to able to bring in some additional revenue for Samsung when we saw the company releasing additional color variants throughout the year.
Lee faces five charges that could entail at least five years in prison if he is found guilty.
The performance of Samsung's Galaxy S8 premium smartphone, which goes on sale on April 21, will be the key variable for Samsung going forward. From the previous quarter, the profit gained 7.38 percent.
The company has been under a cloud after its vice chairman Lee Jae-yong was arrested in February on charges of bribery, in connection with an investigation into an alleged corruption scandal that led to the ouster of South Korea's former President Park Geun-hye.
The success of Samsung's semiconductor business can be put down to strong demand for its DRAM and NAND flash memory chips from Chinese smartphone makers, which are now rolling out flagship models with up to 6 gigabytes of RAM.
The company's stock is trading near historic highs, despite Lee's troubles and the scrapping a year ago of its flagship Galaxy Note 7 smartphone due to fire-prone batteries.
It would mark the second-highest quarterly operating profit ever posted by Samsung.
The bribes are suspected of being given to Choi in return for getting support in the 2015 merger of two Samsung affiliates, which is seen as extremely crucial to the younger Lee to inherit Samsung's management control from his ailing father.
In November last year, after dozens of devices across the world caught fire due to battery problems, sales in the third quarter of 2016 as a whole declined 14.2 per cent year on year, according to Gartner.
The company did not elaborate on its performance and will disclose detailed earnings in late April.
The South Korean firm's Galaxy Note 7 smartphone was plagued with problems.
The mobile phone unit is estimated to have generated almost 2 trillion won in operating profit for the first quarter, falling from 3.9 trillion won year-ago period but relatively decent when considering the discontinuation of Galaxy Note 7. Samsung is expected to have posted a sound operating profit from its chipmaking business, which may have reached a whopping 6 trillion won.
Apr 11 2017
Renowned satirist John Clarke dies
Clarke co-wrote the ABC's AFI Award-winning mockumentary The Games , about the organization of the 2000 Sydney Olympics. Fred Dagg's Greatest Hits, released in 1976, is still one of New Zealand's biggest selling records.
Apr 11 2017
NY Set To Make State College Tuition Free For Middle Class
Students would be required to take 30 credits a year to maintain the scholarship, which would exclude part-time students. The New York State website on the plan says it was supported by Democratic presidential candidate Bernie Sanders .
Apr 10 2017
Verstappen passes 9 cars in one lap in masterful China race
Hamilton did, however, go across to the main grandstand near the end of P2 to sign some caps and throw them to the fans. But with similar conditions forecast for Saturday, the fear is that those sessions may similarly be afflicted.
Apr 10 2017
North Korea calls US strikes on Syria 'unforgivable'
While we don't yet have an answer to the first question, the second has already been answered: a U.S. Pyongyang said they were an exercise targeting USA military bases in Japan.
Apr 09 2017
Former Fox anchor: Harassment is pervasive
You know, the Murdoch family that controls the parent company, 21st Century Fox - Rupert Murdoch oversees Fox News directly now. There was also a spot from ubiquitous cable news advertiser Angie's List, which was co-founded by a woman, Angie Hicks.
Apr 08 2017
Arsene Wenger leaves Arsenal fans puzzled after latest Alexis Sanchez comment
Most of the time it's down to finding an agreement and the finances are involved in it, yes". "Sport is about your next performance".
Apr 08 2017
Federal Appeals Court Rules In Favor Of Job Protections For Gay Workers
Hively is now an outlier, and the Supreme Court typically takes up cases where the federal appeals courts disagree. When Ivy Tech allegedly discriminated against Hively because of this, they engaged in unlawful sex stereotyping.
Apr 07 2017
YouTube Is Making it Harder for Fake Channels to Make Ad Money
It appears future applicants won't be accepted into the Partner Program until they surpass that 10,000-view milestone. Any ad revenue earned by channels with less than 10,000 views up until Thursday will not be affected, he added.
Apr 07 2017
Christie halts Amtrak payments, calls for inspection
Amtrak released a statement Wednesday saying it values its partnership with commuter railroads and shares their frustration. The Long Island Rail Road and NJ Transit have been operating on abbreviated schedules since Monday's derailment.
Apr 07 2017
More Than 1 in 5 Adults Has Cancer-Causing HPV, CDC Reports
ONLY 75% of 15-year-old girls in Wide Bay have been fully vaccinated against the human papillomavirus, new figures show. Twenty five percent of men and 20 percent of women have the strain of HPV that causes cancer, new data shows.
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