SEOUL -- Samsung Electronics posted a 52 percent increase in its first-quarter net profit, helped by a stellar performance in its microchip business.
In the January-March period, net profit rose to 11.6 trillion won (10.7 billion US dollars) from 7.6 trillion won a year earlier, Samsung said in its earnings guidance report. First-quarter operating profit soared 58 percent on-year to 15.6 trillion won and sales were up 20 percent to 60.56 trillion won.