Samsung Electronics logs record quarterly revenue on strong smartphone, chip demand in Q1

Samsung Electronics raked in its highest-ever quarterly revenue during the first quarter of this year.

According to the company earlier on this Wednesday the revenue stands at slightly above 79 trillion won up some 10 percent on year.

What's more Samsung's first-quarter operating profit also gained one-point-five percent on year to reach some 6-point-7 trillion won or some 4-point-7 billion U.S. dollars.

These latest findings are being linked to strong performance in the smartphone and semiconductor units.