(MENAFN) Samsung Electronics said that its operating profit hit USD8 billion in the first quarter of this year, Xinhua reported.
The world's largest smartphone, memory chip and flat screen maker said that preliminary earning for the quarter increased 1.08 percent from the quarter before it, but dropped 4.3 percent from the same period a year earlier.
During the first quarter, sales fell 10.6 percent from the fourth quarter of 2013 to USD50 billion. Sales, however, registered a 0.25 percent increase from the same quarter last year.
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