Samsung Electronics has posted a net operating profit worth nearly 10 trillion won in the first quarter.
 
In a regulatory filing on Thursday, the South Korean tech giant said it posted operating profits of nine-point-89 trillion won, or eight-point-76 billion U.S. dollars in the January-March period, a whopping 48-point-27 percent increase from the same quarter last year.
 
It is the second highest operating profit the company has ever posted for the first quarter.
 
Its first-quarter sales stood at 50-point-55 trillion won, up by one-point-54 percent from a year earlier.
 
Compared to the fourth quarter last year, its sales declined by five-point-22 percent, while the operating profit grew by seven-point-35 percent.
 
The semiconductor industry expects Samsung will fare better in the second quarter given the continuing price increase in the dynamic random access memory(DRAM) and flash memory chip, where it is holding the leading market positions.