Samsung Galaxy S10 may sport an ‘ultrasonic’ in-display fingerprint scanner

Samsung's mobile woes drag on profit growth

Samsung's mobile woes drag on profit growth

Samsung Electronics' semiconductor division enjoyed record-high earnings in the second quarter of 2018, driven by robust demand for DRAM memory used in data center applications and NAND flash chips for high-capacity storage.

Operating profit was 14.9 trillion won on sales of 58.5 trillion won, the company said, confirming preliminary numbers released earlier this month. However, the company reckons demand for its flexible OLED technology will improve in the second half of this year.

Samsung's DP business posted operating profits of KRW0.14 trillion on revenues of KRW5.67 trillion for the second quarter.

The display panel business posted an operating profit of 140 billion won, falling sharply from 1.7 trillion won posted a year earlier and from 410 billion won posted a quarter earlier.

If the estimate is realized, the Galaxy S9 would become the worst performing S-model since the Galaxy S3 in 2012.

"With Samsung DeX, you can open multiple desktop-style windows for your Android apps, including the Microsoft Office suite, directly on the Galaxy Tab S4, and re-size them when needed", Samsung wrote in a news release.

"Earnings in the mobile business slid considerably year-over-year as well as [quarter-on-quarter] due to weak sales of Galaxy S9 amid a stagnant high-end market", Samsung senior vice president of investor relations Robert Yi said during the July 30 earnings call. "In response, Samsung will seek to expand sales by introducing a new Galaxy Note earlier than usual, which offers exceptional performance for a reasonable price".

UI student Mollie Tibbetts still missing after weekend search
Anyone with information regarding Tibbetts' whereabouts is asked to call the Poweshiek County Sheriff's Office at 641-623-5679. Mollie was on the track team in high school, and going for a run in the evening was not out of the ordinary for her.

According to some media reports, it is believed that Samsung is preparing to launch a foldable smartphone in the first half of 2019 to mark the 10th anniversary of its Galaxy models. Note's 9 won't spike up the sales for the Korean company this year.

Samsung has been developing several phones for its consumers and it seems it has spread itself too thin doing so.

The Galaxy Tab S4 WiFi version will be available in the USA starting at $649.99 on August 10, 2018 at Amazon, Best Buy and Samsung.com. KyeongTae Lee, vice-president of Samsung's mobile division, told analysts the company is "hoping that such adoption will serve as a catalyst in the stagnated mobile market".

Samsung isn't the only phone manufacturer that struggled in Q2, with Huawei Technologies also posting its slowest growth in H1 sales since 2013.

As for specifications, Galaxy Note 9 is expected to come with a 6.3-inch QHD+ Super AMOLED display.

Samsung shares decreased 0.3 percent, compared with the flat broader market.

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