Samsung Electronics, the world’s largest information technology company, has given notice of its sales and operating profit for Q1 2012.
The South Korean manufacturer of the Galaxy smartphone and Note mini-tablet released a consolidated earnings estimate today of 5.8 trillion won (approximately $5.1 billion) on sales of around 45 trillion won (almost $40 billion).
The profit figure is almost double the 2.95 trillion won posted in Q1 2011, while the sales figure is up from 37 trillion won in the same quarter last year.