Samsung's quarterly operating profit expected to reach £3.65bn

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The South Korean electronics giant is forecasting better-than-expected results for the first three months of 2015, but that would still be a 30 per cent drop from the previous year.

Given the highly competitive nature of the smartphone and TV market, Samsung is not alone in fighting for market share while maintaining its profits.

For the first three months of 2015 it is predicting that the group's operating profit will be about 5.9 trillion won (£3.65bn/$5.44bn). Sales for the same period are forecast at 47 trillion won.

The company will publish its full financial results later this month.

We've just published our exclusive review of the new 2015 Samsung UE65JU7000 4K TV which gets the full five stars.

MORE: Samsung to invest in OLED production

[Source: BBC]

Andy Clough
Andy Clough

Andy is Global Brand Director of What Hi-Fi? and has been a technology journalist for 30 years. During that time he has covered everything from VHS and Betamax, MiniDisc and DCC to CDi, Laserdisc and 3D TV, and any number of other formats that have come and gone. He loves nothing better than a good old format war. Andy edited several hi-fi and home cinema magazines before relaunching whathifi.com in 2008 and helping turn it into the global success it is today. When not listening to music or watching TV, he spends far too much of his time reading about cars he can't afford to buy.