Samsung has just released the financial report of Samsung Electronics for the first quarter of 2017. This quarter became the first quarter with the highest profit in Samsung's history. The operating profit reached 50.55 trillion won, equivalent to 310 billion yuan!

Samsung Electronics' sales revenue in the first quarter reached 50 trillion won, up 0.44% year on year and down 6.24% month on month compared with 49.78 trillion won in the first quarter of last year; The operating profit margin was 19.8%, up 6.5 percentage points year on year.

The growth of total profit this time is mainly due to the growth of memory chip business (this is the source of memory, solid-state price rise?). The first quarter profit is Samsung's highest quarterly profit since 2013.

In addition, Samsung also said in a statement: "In the second quarter of the future, with the help of the rise of memory chip business and the launch of Galaxy S8/S8+in the world, Samsung's mobile business income will be greatly improved, and Samsung is expected to continue to maintain a high growth trend in the second quarter."