Samsung has reported its earnings for Q1 2017, in which the company has made operating profit of 9.90 trillion won ($8.7 billion), up 48.20% YoY for the quarter that ended March 31, 2017. This is its second biggest quarter ever and its highest ever for Q1, mainly to due to increase in memory and display businesses. It reported revenue of 50.55 trillion won (US$ $44.7), a slight increase from 49.78 trillion won last year and net profit of 7.68 trillion won (US$6.8 billion), a 46% increase from 5.25 trillion won for the same period a year earlier. Continue reading “Samsung profits up 48% YoY in Q1 2017, mobile profits down 46% due to weak S7 sales”