As such, Samsung has also reported a revenue of KRW 50.55 trillion, an increase of KRW 0.77 trillion YoY for the quarter.
Samsung, which is the world's top maker of memory chips, smartphones, and televisions, has been going through hard times with its boss, Jay Y. Lee, mired in a political corruption scandal and the financial hit from its fire-prone Galaxy Note 7.
Granted, these mind-blowing results were obtained despite predictably mediocre mobile business performance, but the chaebol's components departments blossomed mainly thanks to surging demand from other smartphone assemblers and vendors.
Samsung Electronics is the world's largest memory chipmaker and second-largest semiconductor company after Intel. It was the biggest quarterly net profit since the third quarter of 2013. The unit's operating margin was 40.3 percent, more than doubling 19.6 percent for Samsung's overall margin.The chip unit's profit was forecast to keep a growth momentum given the rising prices of DRAM and NAND flash memory chips. But, because market competition is expected to intensify in the second half - the company is quite possibly hinting at the next-generation iPhone - the Galaxy S8 and the Galaxy S8+ wouldn't be enough perhaps. The company first put the panels into its own Galaxy handsets, achieved economies of scale and then began selling them to other companies - employing its signature business strategy.
Kim Dong-won, an analyst at KB Securities, said, "Samsung's operating profit in the second quarter is expected to be around 12.5 trillion won, a 54 percent rise year-on-year".
Despite the solid earnings, the company remains involved in a scandal, with chief Jay Y. Lee now on trial for alleged participation in a corruption case that brought down South Korean President Park Geun-hye.
Q: Can you call the red-tinted screen of the Galaxy S8 a defect?
While Samsung appears to have resolved any lingering battery issues, the launch of the Galaxy S8 hasn't been scot-free.
Apart from its earnings, Samsung announced that after months of review it would not change the company's structure into a holding company. Lee remains in detention by the Korean authorities.
"We are encouraged that Samsung Electronics has agreed to take the bold step of optimising its balance sheet ... even as the company has faced obstacles", Elliot said in a statement.
At the moment, they are being driven inside the official residence of the president where he is expected to meet with them. Nigerian officials say Buhari is committed to the release of the rest of the Chibok girls and other Boko Haram captives.
City are effectively in a three-way fight with Liverpool and Manchester United for the final two Champions League places. David Silva raced the hosts into an early lead, and there could have been more.
Top scorer Alexandre Lacazette and French worldwide Corentin Tolisso have travelled with the squad, but are both doubtful. After the game, Jose Mourinho said that the teenager was "a 19 year old kid that's in love with football".
The Syrian government is backed by Russian Federation and Iran and has gained the military upper hand in the six-year conflict. There are approximately 180,000 civilians in this zone and its network of rebel groups includes al-Qaeda-linked fighters.
Following his success with " The Silence of the Lambs ", Demme took to the director's chair for " Philadelphia ". Demme, left, Jodie Foster and Anthony Hopkins all won Oscars in 1992 for their work on " Silence of the Lambs ".
According to Tahir, the two visited the high commission building and submitted forms as well as their phones to the officials. The Secretariat police said they had received the application and contacted the Foreign Office.
He added: "They are abandoning the European Union and this is a difference that will be felt over the next few years". Juncker speaks a number of European languages fluently but regularly speaks English at global gatherings.
Russia, Iran and Turkey have agreed to take all necessary steps to fight against terrorism both in these areas and beyond. It will deal with defining the boundaries of the de-escalation zones and safe zones, among other issues.
Jose Mourinho has expressed his disappointment following Manchester United's 2-0 defeat to Arsenal in the Premier League. Wenger said he will have to be assessed ahead of Wednesday's trip to Southampton. "It was a very nice decision".
You must enter "DOI-2017-0002" in the Search bar and click "Search", or by mail to Monument Review, MS-1530, U.S. It's still not clear whether Trump has the power to undo another president's monument designation.
Home favourites England have reached the quarter-finals of the inaugural GolfSixes after they finished top of Group A . But a 4-0 victory over the Netherlands in their final group game secured their progress into Sunday's knockout stages.
The next morning around 10 a.m., brothers found Piazza again at the bottom of the stairs, and again carried him up to a couch. He pointed to what he called the national problem and how Penn State dealt with problems of alcohol miss-use.
Turris' OT goal gives Senators 3-2 series lead over Rangers
Washington's comeback spoiled the return of Penguins captain Sidney Crosby after a one-game absence due to a concussion. Kyle Turris scored the victor at 6:28 of overtime to deliver a 5-4 comeback victory, giving Ottawa a 3-2 series lead.
'Everybody' has better health care than the US
Sanders, the Vermont independent who sought the 2016 Democratic presidential nomination, tweeted in response Friday: "Yes, Mr. And let's move, maybe he wants to take a look at the Canadian health care system, or systems throughout Europe.
Republican healthcare bill passed, Obamacare 'dead'
Stephanopoulos asked Collins why she, one of only five Republican female Senators, wasn't included in the group. Democrats said the American Health Care Act will leave millions uninsured, ABC News reported.
Born Sundar Pichai is likely highest paid CEO in US
With the traditional business of search advertising maturing, the company is looking to YouTube as its next driver of growth. Analysts on an average had expected a first-quarter profit of Dollars 7.34 per share, according to Thomson Reuters I/B/E/S.
United given boost at the back before Celta semi-final
For the first time in forty years, Manchester United and Arsenal will play in the second half of the season outside of top four . Likely pundits include the Manchester United-friendly Michael Owen, Paul Scholes Rio Ferdinand and Owen Hargreaves.
Protest erupts as Interior secretary visits Utah
The Antiquities Act does not give the president explicit power to undo a designation and no president has ever taken such a step. Long before established bureaus arrived, it was and has always been the local people who have protected and cared for this land.
Always Dreaming Wins The Kentucky Derby
Irish War Cry angled in at the start, compromising the chances of those inside of him: Tapwrit, McCracken and Classic Empire. Always Dreaming returned $11.40, $7.20 and $5.80 to those around the world and in the crowd of 158,070 who backed him.
Dar, India's Jaitley share cold vibes at Yokohama
Jaitley said at a roundtable on the role of trade in Asia's economic outlook, when asked for his views on the OBOR initiative. Mr Dar also said that intra-regional trade should be focused and regional connectivity should be improved.
LEADING OFF: Gardner powering up, O's need Bundy's innings
He walked two, got a hard lineout from Chase Headley (snakebitten all night) and a flyout from Refsnyder to escape with no damage. DIAMONDBACKS 6, ROCKIES 3: Paul Goldschmidt homered twice and drove in five runs, helping Zack Greinke and Arizona beat Colorado.