Samsung's earnings growth expected to be halted by weak Galaxy S9 sales

Samsung Korea has announced its second-quarter financial forecast for the second quarter, revealing its first quarter growth by compared to the rest of the quarter

Samsung has seen steady earnings growth since last year and reached record levels of last year's profits compared to previous years, but growth in the company will stop this quarter in line with expectations.

About 14.8 trillion won ($ 13.2 billion) operating profit to 58 trillion won Korean ($ 51.8 billion), a figure lower than that of the first quarter of this year to reach 15640000000000 won Korean operating profit of sales reached 60.56 trillion won.

According to many analyzes, the main reason for the decline in company profits is the weak demand for the Galaxy S9 unusually with the last two years of the phone chain, The company also faced a fierce competition in the OLED television market, where LG outperformed it.