Samsung's sales alone make up a fifth of South Korea's GDP, and for many young Korean graduates getting a job in a chaebol is the most desirable outcome after years of toiling through a rigorous education system.
Samsung's Galaxy Note 7 debacle is quickly becoming a distant memory.
Samsung Electronics has today announced its earnings forecast for the first quarter of the fiscal year 2017.
Friday's hearing at Seoul's Central District Court coincided with the release of Samsung's best quarterly earnings in nearly four years.
While some companies have been struggling financially for quite a bit now, Samsung has been able to hold strong over the last couple of years.
The scandal involves Vice Chairman Jay Y. Lee and several top executives accused of bribery and embezzlement.
"In the second quarter, Samsung's operating profit is expected to hit an all-time-high of 12 trillion won", he said.
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LG Electronics' first-quarter operating profit was estimated at 609.5 billion won, up 20.6 percent from a year earlier, according to the data compiled by Yonhap Infomax, the financial news arm of Yonhap News Agency on 20 local brokerage houses.
Friday was the first day people in South Korea could pre-order the Galaxy S8, Samsung's first major smartphone since the Note 7 fiasco.
Prosecutors believe the 48-year-old billionaire and his aides used Samsung corporate funds to bribe former President Park Geun-hye and her close confidante in exchange for supporting a smooth leadership transition at Samsung.
The heir apparent of Samsung Group, the country's biggest family-controlled conglomerate, is accused of offering tens of millions of US dollars in bribes to Choi, who was branded by prosecutors as a criminal accomplice to the impeached president. Lee has previously denied the charges, saying that while Samsung did give money to the foundations, he didn't know Choi controlled them nor did he expect anything in return.
The scandal engulfed Park's administration, prompted millions of South Koreans to regularly protest in the streets and culminated in Park's ousting in March.
This would see profits increase 50pc on the performance during the same period in 2016.
The strong comeback was a result of booming sales of memory chips and flat-panel displays, Samsung said. Expectations for the second-quarter profit are running high on the release of its new flagship smartphone Galaxy S8.