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Samsung Electronics, LG Electronics…operating profit in Q1 jumps 45.5%, 39.1%↑on-year, respectively Updated: 2021-04-29 14:47:58 KST

South Korea's two biggest electronics companies Samsung and LG have set new records with their first quarter earnings.
Samsung Electronics says that it posted sales of around 59 billion U.S. dollars, up more than 18 percent on year.
That's its highest first-quarter sales figure on record.
Its operating profit jumped by more than 45 percent on year to around 8.4 billion dollars.
That was largely thanks to strong sales of TVs, home appliances and smartphones.
As for LG Electronics, the first three months of this year were its best quarter ever in terms of both sales and operating profit.
Sales came to 17 billion dollars, an increase on year of nearly 28 percent, and operating profit was up 39 percent to 1.3 billion.
Again, this was on sales of home appliances and TVs.
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