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Samsung Elec first-quarter working revenue rises 46% on robust cellphone, TV gross sales By Reuters 



© Reuters. FILE PHOTO: The brand of Samsung Electronics is seen on a dish washer at its retailer in Seoul

SEOUL (Reuters) – Samsung Electronics (OTC:) Co Ltd reported a 46% rise in first-quarter revenue on Thursday from brisk gross sales of smartphones and TVs, regardless of a fall in chip earnings after a storm-related reduce in U.S. output and the prices of a manufacturing ramp-up.

Working revenue rose to 9.4 trillion received ($8.48 billion) for the quarter ended March from 6.45 trillion received a 12 months earlier, the world’s high maker of reminiscence chips stated. That was barely increased than the corporate’s estimate of 9.3 trillion received earlier this month.

($1 = 1,108.9800 received)

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