Samsung has revealed its profit forecast for the January-March period of 2017 which is expected to be the best financial quarter for the company in over three years.
The strong comeback was a result of booming sales of memory chips and flat-panel displays, Samsung said. 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.
The global recall of Samsung Galaxy Note 7 actually hammered Samsung with a loss of about $17 billion. Sales of its new G6 flagship smartphone began in March and will not provide meaningful contributions until the second quarter.
Samsung Electronics has today announced its earnings forecast for the first quarter of the fiscal year 2017.
Investors and analysts expect Samsung to report its best-ever quarterly profit in April-June, with the Galaxy S8 smartphone hitting the market on April 21 in Samsung's first premium device launch since the Note 7's withdrawal in October.
Nevertheless, the latest financial figures show how Samsung has managed to overcome all the obstacles after messing up with one of its flagship products previous year.
Samsung said its first-quarter sales rose only modestly, to 50 trillion won.
Samsung launched its new mid-tier phone, aka the Galaxy C7 Pro in India on Friday at a cost of Rs 27,990. But that might not be such a bad sign, considering the Galaxy S7 launched in Q1 past year and the Galaxy S8 isn't going on sale until later this month - not to mention the fact that Samsung doesn't have a new Galaxy Note on sale right now.
Lee's defence lawyers however said the payments to Choi were charitable contributions for sports and culture development that Samsung was obliged to make under pressure from officials, and not bribes.
Lee was arrested in February over his alleged role in a corruption scandal.
The acting head of Samsung Group has gone on trial in South Korea for his alleged role in a corruption scandal that led to the ousting of the president.
Washington's second unit struggled mightily early in the game but pitched in to maintain the lead early in the fourth quarter. A complaint about the big, bad Wizards being too physical? The Wizards now lead the best-of-seven series, 1-0.
Guardiola's men also have the FA Cup to look forward to, with a game against Arsenal scheduled in the semi-finals next weekend. He added: " In 10 days we play the real final against United so that is why it was so important to win ".
If you are accessing this report on another site, it was illegally stolen and republished in violation of global copyright laws. The mean estimate of short term price target for WETF's stock is marked at $9.94 according to consensus agreement of Analysts.
He said the four victims killed in the Stockholm attack included one person from Britain, one from Belgium and two Swedes. Vehicles have also been used as weapons in Nice and Berlin in the past year in attacks claimed by Islamic State.
Hundreds of people gathered outside Foy Hall before Spencer's speech, many of whom were there to protest his appearance. Keith Watkins ruled that Auburn, as a public institution covered by the First Amendment, had to allow Spencer to speak.
Game 3 is Sunday night in NY . "Loud, fun to be a part of and when you have them on your side, it makes things a lot better". Louis Blues open up the home portion of this series on Sunday at 2 p.m. "That's a good test against a good team".
How much of an upgrade is it on the outgoing Xiaomi Mi 5? Phone was just launched in Beijing in a special tech event. This device came with powerful Snapdragon 835 SoC with 2.45GHZ clock speed and coupled with Adreno 549 GPU.
The Unicorn Frappuccino will be available through Sunday, April 23 at participating Starbucks stores in Canada, the US and Mexico. Starbucks released its limited edition Unicorn Frappuccino complete with "fairy powders", causing everyone to rush out to try it.
Average hourly earnings increased 5 cents or 0.2 percent in March after rising 0.3 percent in February. The unemployment rate fell from 4.7 percent to 4.5 percent in March, the lowest level since May 2007.
Baker Mayfield is a big Russell Westbrook fan
But to face King James, the Raptors have to stop the Greek Freak, and Milwaukee's Giannis Antetokounmpo will be a handful. Harden emerged as an MVP candidate, leading the Rockets to a league-high 117 points per game since the start of December.
Investigation Continues Into Aaron Hernandez's Death
The Patriots had no immediate comment, and President Donald Trump made no mention of Hernandez at the White House event. Through a translator, the father of Safiro Furtado told reporters that he took no joy in Hernandez's death.
Jason Chaffetz says he may leave Congress early
As for potential opponents, well, Utah Democrats are already planning a dance party to send Chaffetz off , so there's that. Jason Chaffetz (R-UT) talks before the start of a House Judiciary Committee hearing on March 16, 2017 in Washington , DC.
Steel Dynamics Reveals 220% Gain In Q1 Profit
On average, analysts expect Steel Dynamics to post $2.75 EPS for the current fiscal year and $2.73 EPS for the next fiscal year. Heading into the earnings release, covering analysts have a consensus target price of $42.62 on Steel Dynamics, Inc. shares.
Toronto Blue Jays Notes: Josh Donaldson Out 2-4 Weeks
I don't want to go on the DL, but hopefully. this has the potential to be (one missed start), get back right after the 10 days". Happ is coming off a career season in 2016, posting a 20-4 record with a 3.18 ERA and a 1.17 WHIP over 195 innings pitched.
French Socialist candidate holding Paris rally
The 11 candidates standing for the French presidency are taking part in the final set-piece televised encounter of the campaign. But the race to succeed the deeply unpopular socialist President Francois Hollande has tightened in recent weeks.