Published: Fri, July 06, 2018
Electronics | By Shannon Stone

Samsung expects second-quarter profits to miss analysts estimates

Samsung expects second-quarter profits to miss analysts estimates

Samsung has all but confirmed its Galaxy Note 9 launch on August 9 with the Korean company saying, "Samsung Electronics will welcome a new member to the premium Galaxy family".

As for Apple's other phones, the iPhone X remained steady from April to May retaining 2.3% of the global smartphone sales market share - this kept it in third place.

Samsung kept on registering record operating profits, quarter after quarter for seven straight quarters until Q2 2018 finally arrived, putting a stop to the tech juggernaut's progress once and for all. But as early as now, analysts are viewing its second quarter performance as the first decrease in seven quarters.

The Galaxy S9 series is largely a copy of the Galaxy S8, even though it's not exactly similar, and one of the few Android flagships that don't look like an iPhone X. It has a refined design and much better specs. The Galaxy S7 is likely to remain the company's best-selling phone, with 50 million units sold in the first year. These OELD displays are said to be 7.3-inch wide while unfolded and 4.5-inch in folded state.

Flexible smartphones have been in works but we are yet to see a commercially available foldable smartphone in the market. I am eager to make foldable phones because their impact on the industry will be very big. However, it didn't reveal any detail about its anticipated foldable handset. The folded smartphone is equipped with two antennas, two speakers and two microphones, which are all placed under the display towards the top and bottom side of the device.

Moreover, a Chinese rumor claims that Samsung SDI is already manufacturing the batteries for the Galaxy X model.

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