Samsung has offered the strongest indication yet that, despite telling investors that operating profit fell by a third in the latest quarter, its troubles could be over.
Samsung said sales were about 59 trillion Won (£ 39bn) ahead of the official announcement of its Q4 results, with operating profits of about 7.1 trillion won (£ 4.7bn).
This is more than an estimate of some analysts.
The Korean technology giant has endured several challenging quarters as relatively sluggish smartphone sales were compounded by a memory chip market crash. Samsung is the world's leading manufacturer in the field, with traditionally two-thided memory chips responsible for its profits.
The company provides many of its rivals, which means it is particularly susceptible to any downturn, while a declining data center market has hit the demand for server chips. In addition, higher inventories have led to a drop in prices.
Nevertheless, the company will be confident that, in addition to demand for 5 G handsets, the chip industry will be revived to reduce trade conflicts between the US and China. Rival Micron also predicted a rebound in the near future, claiming it had hit a "cyclical bottom" for its own shareholders.
The mobile business of Samsung is expected to gain significantly. It is expected to reveal a new foldable handset and a new version of the Samsung Galaxy S flagship at next month's event in San Francisco.
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