In the preliminary earnings report for the three months ended last month, the technology giant estimated that operating income totaled 14 trillion won ($12.1 billion) on 61 trillion won ($44.9 billion) in revenue.
Korean stocks finished lower Friday, taking a cue from overnight falls on Wall Street, although Samsung Electronics, the top cap here, delivered a record quarterly high for the second quarter, analysts said.
Samsung would sell about 49 million S8s by the end of its first full-year release, in line with first-year sales of the Galaxy S7, he said.
Samsung has succeeded through consistent aggressive investments around the globe.
Revenue likely rose 18 percent from a year earlier to 60 trillion won, also a quarterly record, versus analysts' forecast of 59 trillion won.
Samsung Electronics will invest almost $18bn in its chip business, the South Korean firm said Tuesday, as it seeks to expand its lead in the global memory chip and smartphone markets. At one of the sites, in the coastal city of Pyeongtaek, Samsung had already pumped in close to $15 billion.
The results are all the more remarkable for coming after two of the... The statement doesn't offer any detail as to which part of Samsung's far-flung electronics empire was responsible for the surge in growth.
The Galaxy Note FE has gone on sale in South Korea starting today. Lee has been leading the company since 2014 when his father, Samsung Chairman Lee Kun-hee, became incapacitated after a heart attack.
Looking ahead things should continue to be rosy for Samsung thanks to a seemingly unlikely source, Apple.
The mobile business gathered ground on strong sales of the Galaxy S8 smartphones, which increased the average-sales-price of its handsets.
Recall that the capitalization of Apple Inc.