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Source: Juliet Ziegenbein / inside-handy.de
Samsung has a problem. And this problem is called Galaxy S9. Because the flagship product of the smartphone is not selling as well as expected, the profits of the Korean electronics company have stagnated in the second quarter of the current year. And that, although ran into another business segment excellently.
Converted 11.4 billion euros of operating profit made Samsung last night on Tuesday submitted the final business figures. Spicy: In the mobile, the result is down a good third, which clearly indicates that smartphone sales are far from turning as good as Samsung would have liked. Samsung highlights in its annual report the Galaxy S9, which has sold less well than expected. Even the sister model Samsung Galaxy S9 is likely to have fallen short of expectations. In 2017, Samsung had already suffered a decline in sales of the Galaxy S8 compared to the Galaxy S7.
Samsung warns against fierce competition
For the second half of the year, Samsung is also expecting fierce competition due to the new iPhone models from its main competitor Apple, which should be unveiled in the fall. The values are also reflected in a tough price competition, the South Koreans warned. The company wants to counter this with the early presentation of the Samsung Galaxy Note. It should be presented to the world public in New York in early August
Samsung Galaxy S9 and S9 + in hands on
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Samsung Galaxy S9 and S9 + -
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Samsung Galaxy S9 and S9 +
The net profit was a net profit of 8.4 billion euros between June and August, which was about the same as last year . That the second quarter did not end in a financial disaster, was due to Samsung's chip division. He increased the profit by 45 percent. On the other hand, the Group's sales decreased by 4%. Source: Samsung | small image source image: Samsung | Author: Hayo Gap
Topics in this News: Samsung, Mobile News, Smartphones, Technology, Enterprise and Markets
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