SEOUL - Samsung Electronics said on Tuesday its first-quarter operating profit likely rose 3 per cent from a year earlier, slightly beating analysts' forecasts as solid chip sales helped cushion the blow from the coronavirus pandemic on smartphones and TVs.
Samsung said operating profit was expected to be 6.4 trillion won in the quarter ended March, compared with 6.2 trillion won a year ago and the 6.2 trillion won estimate from analysts according to Refinitiv SmartEstimate. Revenue likely rose 5 per cent to 55 trillion won from a year ago, in line with the 55.6 trillion won estimate.
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