While Samsung hasn't given a profit guidance for the quarter, the company had previously reported operating profits of 6.1 trillion won in the final quarter of last year, whereas back in Q1, 2015, Samsung had declared operating profits of exactly 6 trillion won. With Samsung's latest premium smartphones reportedly doing pretty well globally, the company is expected to post decent revenues and profits this year, especially with most tier-1 Android OEMs other then LG Electronics yet to launch their 2016 flagships. While LG announced its latest premium smartphone, the LG G5, at the MWC in Barcelona earlier this year, Huawei announced its own 2016 flagship just yesterday in London. However, while the Chinese company has gone from strength to strength in Europe and Asia, getting a foothold in the carrier-dominated US market is a whole different challenge altogether.