Samsung Electronics said that the last quarter operating profit compared with the same period last year rose 53%, higher than expected sales of consumer electronics is usually a slow time.
On Friday, the South Korean company expects its first quarter operating income of 8.7 trillion won (about $ 77 billion). The preliminary results are down 2% from the previous quarter's operating income reached a record high.
Samsung said its first-quarter revenue increased 15 percent, from 52 trillion won in the same period last year.
Its first-quarter profit above market expectations, and analysts said Samsung benefited from the PC's smartphone sales and the memory chip shortage.
The bit technology market research last month said it expects Samsung smartphone sales top 70 million to further expand its global smartphone market share in the first three months of the year. The market research firm estimates that Apple's iPhone sales in the same period to reach 35 million.
Samsung's semiconductor business may benefit from a shortage of memory chips in personal computers, spikes Samsung's focus on product prices. Global chip makers have cut the PC memory chips, to increase the supply of chips for mobile devices.
Samsung Electronics is the world's largest smart phones, memory chips, televisions and flat panel manufacturers.
Samsung All results, including net income and sector breakdown will be released later this month.
 



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