Published: Sat, July 07, 2018
Hi-Tech | By Preston Stone

Samsung’s most innovative phone ever might launch before the Galaxy S10

Samsung’s most innovative phone ever might launch before the Galaxy S10

Samsung shares fell 2 percent as the guidance gave investors insight into how badly the decline in smartphone profitability is hurting the company's bottom line, after it warned in April of an earnings slowdown amid tougher competition. However, things have begun to slow down, as Samsung's smartphone sales have slowed down considerably, with the Galaxy S9 lagging behind its predecessor.

"It is going to be tough".

Industry sources said sales of smartphones were weak amid mounting competition from rivals as marketing costs for new mobile products also increased, undercutting the sector's profitability.

Why it matters: Apple's iPhone X might have popularized the notch among Android manufacturers, but the expensive flagship wasn't Cupertino's most successful handset in May.

Syrian troops march south as UN warns of catastrophe
It would also allow the reopening of the Naseeb border crossing with Jordan and the resumption of trade across the frontier. Israel and Jordan say they will not let refugees in.

Samsung has since acknowledged its plan to expand its smartphone portfolio. The forecast is slightly below the 14.9 trillion won analyst average estimate in a Thomson Reuters poll.

The outlook for chips remains upbeat, with production of Apple's next iPhone likely to support NAND flash memory prices after they fell by up to 15 percent in the second quarter, according to chip price tracker DRAMeXchange. Early leaks point that the pricing of the device will be around $1000.

A report said a few months back that the Galaxy S10 will be unveiled at CES 2019 next January, rather than in February at MWC, which is the usual home for Samsung's Galaxy S announcements. These results are expected to be posted on the last Friday of the month following the quarter, so stay tuned for more updates on the matter.

The Korean conglomerate is said to have figured out a way to make large-capacity batteries that can store between 3,000mAh and 6,000mAh of power, reports ITHome.

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