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The Korean giant Samsung has had four good quarters in a row, but in the second quarter, growth has stopped.
The company sells a fifth of its smartphone Globally earned a profit of 11.040 billion Korean won, of 11.050 billion won a year ago.
The share is down 0.54%.
Revenue 58.480 billion won in the second quarter, down 4% last year. From this turnover, the mobile device sold 24 trillion won, a decrease of 20% over last year.
Profit and turnover are slightly lower than expected, according to Marketwatch. to be saturated. According to Marketwatch, people stay on their phones, and the price of the latest models has also increased significantly
– With a weak market for advanced smartphones and increasing competition, Samsung's smartphone and revenue sales have declined from one quarter to the next. the sale of the Galaxy S9 and S9 + and the gradual removal of old and cheaper models, Samsung writes in a message.
The company will now accelerate the release of its new Galaxy Note 9 mobile model to August 9 as it will be presented at an event in New York
Solid in memory chips
The slowing down of the […] telephone business was offset by a good result for the company's business in the production of memory chips. Samsung adopted Intel Corp. last year. and became the world's largest producer of aftermarket computer chips.
The decline in smartphone sales should have sparked internal concerns at Samsung, which, unlike Apple, does not sell applications and similar services to its mobile customers. Thus, the company is more dependent on the sale of more phones.
Samsung was in a bad time after problems with explosive phones, and after one of the company's summits was arrested and found guilty of corruption.
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