Samsung Electronics' operating profit in the first quarter surged 755% year-on-year.

Samsung Electronics released unaudited preliminary data on Tuesday, showing that its operating profit in the first quarter reached a record high of 5.72 trillion Korean won, a year-on-year increase of 755%, far exceeding market expectations. Revenue increased by 68.1% to 133 trillion Korean won. The company will release its official financial report for the first quarter later this month.