Samsung expects big drop in first-quarter profits

It is the first three months of 2015.

The story has been corrected on the wire and the second paragraph changed to read:

Operating profit for the quarter will be around 5.9 trillion won (US$5.4 billion), a drop of just over 30 percent versus the first three months of 2014, while revenue is expected to be 47 trillion won, down 12 percent, the company said in its earnings guidance. It will report its full quarterly results at the end of the month.

Martyn Williams covers mobile telecoms, Silicon Valley and general technology breaking news for The IDG News Service. Follow Martyn on Twitter at @martyn_williams. Martyn's e-mail address is martyn_williams@idg.com