Samsung tips best quarterly profit in over three years

Samsung tips best quarterly profit in over three years

South Korean-based Samsung issued its earnings guidance for Q1 2017 and stated its operating profit is expected to come in around $8.8 billion Dollars (9.9 trillion won), up approximately 48 percent over the same period previous year, with sales topping 50 trillion won for the months January to March.

Revenue for the quarter likely rose 9.7 percent to 14.7 trillion won, the firm said.

Analysts also expect Samsung to post even higher profits in the second quarter, likely a record, due to the launch of the Galaxy S8 and continued demand for its semiconductors.

Park Says Giraffe Showing More Signs Of Impending Calf Delivery
On Feb. 23, zoo officials started streaming on YouTube showing the female giraffe preparing to deliver a baby. We have been told by other parks that mothers will sometimes feast just before the birth.

The Korean smartphone maker is expected to announce its finalised earnings figures later in April, Yonhap said. Samsung Electronics said Friday its first-quarter profit jumped 48 percent, a better-than-ex.

The third-generation leader of South Korea's top conglomerate was mostly silent at his first court appearance in what has been called the "trial of the century", as his lawyers labored to portray him as an innocent bystander in a graft scandal.

KB Securities analyst Bae Sung-young also said the markets will lack in any strong momentum next week as most companies release their first-quarter results late in the month.

US Strikes Against Syrian Gov't Troops Violate International Law - Lavrov
Syria has made a defiant response to the USA missile attack on one its air bases, flying several planes from the bombed airfield. Hamade said Iranian military advisers were active at the base, though it was not possible to independently confirm the claim.

The quarterly earnings preview show that how Samsung's business is booming while its stock trade near historic highs, despite unprecedented crises in recent months.

Lee Jae-yong, 48, a vice chairman at Samsung Electronics and the only son of its chairman, was arrested and indicted in February on bribery, embezzlement and three other charges that could entail at least five years in prison if he is proven guilty. Lee has denied wrongdoing. Samsung gave or promised to give 43.3 billion won ($38 million) to four entities controlled by Park's friend Choi Soon-sil, who has been charged with misuse of power and meddling in state affairs. That overshadowed Samsung reporting quarterly profit of almost $9 billion - its highest in more than three years - and the start of pre-orders in South Korea for its newest flagship smartphone.

Demand for Samsung's essential components has remained robust during the explosion of internet-connected devices, which need memory chips to operate or store content, and a growing consumer preference for sleeker smartphones.

Let's talk about depression
We need to identify ways to prevent depression crossing generations by providing effective approaches for families and in schools. World Health Day 2017, the annual initiative of WHO , is focusing this year on the theme " DEPRESSION: LET'S TALK ".

(AP Photo/Lee Jin-man). A woman walks by an advertisement of the Samsung Electronics Galaxy S8 and S8+ smartphone in Seoul, South Korea, Friday, April 7, 2017.

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