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Samsung’s earnings guidance for Q1 2018 reveals another record profit

Samsung has posted its earnings guidance for the first quarter of 2018, which reveals that it will post an all time high 15.6 (15.5 ~ 15.7) trillion Korean won ($14.6 billion approx.) in operating profits for the quarter, 57% up from a year earlier. This will beat the 15.15 trillion won ($14.13 billion) profit that it had posted in Q4 2017. The main reason for jump in profits is likely to be due to strong memory chip sales that is said to have contributed some 11 trillion won, while the Galaxy...
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