Samsung Expects Q1 Operating Profit to Rise by 50.3 Percent Despite Supply Chain Woes
Samsung Electronics expects operating profits for the first quarter to rise 50.3 percent, the South Korean tech giant said in a statement Thursday, despite global supply chain woes.The world's biggest smartphone maker forecast 2022 first-quarter operating profits of about KRW 14.1 trillion (roughly Rs. 88010.012 crore), up from KRW 9.4 trillion (roughly Rs. 58492.834 crore) in the same quarter last year. Samsung did not provide details on the performance of its various divisions. The company is expected to release its…