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Samsung Electronics first quarter profit likely over 6 trillion won: Korea Economic Daily

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SEOUL (Reuters) - Tech giant Samsung Electronics Co Ltd 005930.KS will likely report a first-quarter operating profit of more than 6 trillion won ($5.2 billion), exceeding market expectations, South Korea's Korea Economic Daily reported on Wednesday.

Citing an unnamed source, the paper said January-March earnings for the world’s top smartphone maker were boosted by strong sales of the flagship Galaxy S7 smartphones that went on sale in March as well as a weaker South Korean won.

Thomson Reuters StarMine SmartEstimate tips a 5.2 trillion won profit for the period.

Samsung Electronics could not be immediately reached for comment.

($1 = 1,156.7900 won)

Reporting by Se Young Lee; Editing by Richard Pullin

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