Samsung's quarterly profit peaks for four years due to chip and tablet

【Global Science and Technology Report】 According to the U.S. International News Agency reported on April 9th, although Samsung recalled Galaxy Note 7 due to battery problems in the fall of 2016, Li Zaijun was arrested in February for alleged bribery and misappropriation of public funds, but Samsung The sales have not been greatly affected.

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Samsung Electronics estimated that due to strong sales of memory chips and flat-panel TVs, compared with 2016, profits from January to March rose by 48% to reach US$8.8 billion. Sales this quarter increased to 44 billion US dollars. Recently, Samsung's share price has also reached a record high, rising by about 15% this year.

The Galaxy S8 is the first mobile phone to be built into Samsung's own audio assistant, Bixby, and is scheduled to be launched on April 21st. It will quickly inject energy into Samsung. Lee Seung-woo, an analyst at IBK Securities, said: "The gains from mobile components, especially semiconductors, are quite high and can even offset the huge losses caused by the recall of Note 7 last year. We are very optimistic about Galaxy 8, which can greatly improve Samsung's second Quarterly earnings."

Since Samsung’s sales account for one-fifth of South Korea’s GDP, South Korea’s dependence on Samsung is high. Samsung will make detailed reports on the first quarter results later in April. (Internship Compilation: Wang Jing Reviewer: Li Zongze)

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