Samsung's chip business was the company's stellar performer, with a record 6.3trn won (€5bn) operating profit. Shares of LG Electronics finished Thursday 0.6 percent down at 72,300 won as the earnings report was released shortly before closing.
First quarter operating profit for Asia's most valuable company by market capitalization was $8.75 billion, matching Samsung's earlier guidance.
Samsung is pinning its hopes on its flagship smartphone offering, which is now available for pre-order in New Zealand and will be in shops here on May 5, after the Note 7 debacle past year.
And seeing as Samsung has been heavily rumoured to be the supplier of the iPhone 8's OLED panels, the company's commentary on its latest financial results was always likely to be the source of some hints about its plans for 2017.
Eun-young Jeong contributed to this article.
The company started shipping its Galaxy S8 and S8+ smartphones from April 21 in the USA and certain other markets.
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The mobile division reported January-March operating profit of $1.82 billion, down from $3.4 billion year earlier.
Profit breakdown showed the firm's semiconductor business made its largest-ever operating profit of 6.3 trillion won. In a separate statement, it said it will cancel more than $35 billion of treasury shares held by the company.
In the meantime, if your display looks red and you'd like to adjust it, go to settings, display, screen mode, color balance and change the red level. Investors had been requesting a more transparent management system, but Samsung's board said it determined that converting to a holding company structure would "not be beneficial for enhancing shareholder value and sustaining long-term business growth".
The new phones have received positive reviews from The Associated Press and other outlets.
Lee Jae-Yong is accused of bribing Park and her secret confidante at the heart of the corruption allegations with millions of dollars in a bid to seek government favors. Now, it seems that Samsung will begin selling the Galaxy Note 7 once again as a refurbished device in June, though availability is going to be very limited.