Samsung's Galaxy S10 couldn't boost its Q1 revenue, profits

Samsung's Galaxy S10 couldn't boost its Q1 revenue, profits

5 years ago
Anonymous $syBn1NGQOq

https://www.cnet.com/news/samsungs-galaxy-s10-couldnt-boost-its-q1-revenue-profits/

Samsung, as usual, didn't provide any commentary with its guidance. It'll give more details when it reports full results later this month. 

When reporting fourth-quarter results in January, Samsung said nearly its entire business was hurt by a slowdown in the smartphone market. Most of its businesses, from chips to displays, felt the effects of stronger competition and weaker demand in the handset sector. Its smartphone sales declined, memory chips destined for handsets didn't sell as well, and its mobile displays suffered. 

Samsung's Galaxy S10 couldn't boost its Q1 revenue, profits

Apr 5, 2019, 1:18am UTC
https://www.cnet.com/news/samsungs-galaxy-s10-couldnt-boost-its-q1-revenue-profits/ > Samsung, as usual, didn't provide any commentary with its guidance. It'll give more details when it reports full results later this month.  > When reporting fourth-quarter results in January, Samsung said nearly its entire business was hurt by a slowdown in the smartphone market. Most of its businesses, from chips to displays, felt the effects of stronger competition and weaker demand in the handset sector. Its smartphone sales declined, memory chips destined for handsets didn't sell as well, and its mobile displays suffered.