SEOUL -- Samsung Electronics said Tuesday that its operating profit rose 2.7% in the first quarter from a year ago thanks to increased demand for server chips from cloud clients and steady smartphones sales.
The world's largest memory chip maker announced in an earnings guidance that its operating profit came to 6.4 trillion won ($5.2 billion) during the January-March period, up 2.73% year-on-year. Its sales jumped 4.98% to 55 trillion won during the same period.
