Samsung's financial results in the second quarter show the slowdown of the smartphone – electronic division



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07/07 08:56

Samsung has broken its seven-quarter earnings record, but it's now over, according to the company's unaudited financial results released yesterday. The South Korean company said its second-quarter revenue is expected to reach 58 trillion won ($ 52 billion), while operating profit is expected to reach 14.8 trillion won (13 billion won). $ 25 billion). 19659003] The figures do not match the results of the first quarter of this year when the company's business figure was 60.56 billion won, or 56.2 billion US dollars, and profits of the company are 15.44 billion won, or $ 14.5 billion. The reason for the decline in profits is weak sales of Galaxy S9 phones. Smartphone users did not like the decline of innovations in Samsung's new flagship phones. The semiconductor division responsible for manufacturing chips, wafers and wafers as a savior for the company from April to June is expected to grow 50% year on year.

Samsung generally publishes its full financial results for the second quarter of each year on the last Friday of the following month, so do not forget to come back on the last Friday of this month for more details.

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