https://finance.yahoo.com/news/samsung-profit-falls-short-estimates-233501786.html

“While chip sales keep rising, smartphones aren’t looking good,” said Jung Sang-jin, a fund manager at Korea Investment Management. “While chips and phones cancel each other out in profit, the weakening won may work in Samsung’s favor in the second half.”

Sales for the second quarter fell to 58 trillion won, compared with the 60.8 trillion won average projection compiled by Bloomberg. Samsung won’t provide net income or break out divisional performance until it releases final results later this month.