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Samsung's next smartwatch to be called Galaxy Watch, use Wear OS

08 July, 2018, 23:09 | Author: Lydia Fleming
  • Samsung Galaxy S8

Despite this setback, Samsung's chip manufacturing business comes as a savior for the April-June period when an increase in profit of about 50 percent on a yearly basis is expected. This is far from being a bad result, but it is a decline from the company's record posting last quarter, in which Samsung made just shy of $14 billion based on $54 billion gross revenue.

A report said a few months back that the Galaxy S10 will be unveiled at CES 2019 next January, rather than in February at MWC, which is the usual home for Samsung's Galaxy S announcements. However, things have begun to slow down, as Samsung's smartphone sales have slowed down considerably, with the Galaxy S9 lagging behind its predecessor. But as early as now, analysts are viewing its second quarter performance as the first decrease in seven quarters. Recent reports claimed that parts for the foldable handset are already in the making, with Samsung aiming for an early 2019 launch.

Samsung has struggled with "weaker-than-projected sales" of its Galaxy S9 smartphones, according to Bloomberg, which have reportedly sold the lowest of any flagship Samsung smartphone since 2012's Galaxy S3 with expected shipments of 31 million units this year. But it's interesting to hear about the kind of changes the tenth-anniversary Galaxy S flagship could bring on the imaging front, and we can expect to see more rumors about the same surfacing online in the months to come.


Expectations are high for Samsung's foldable phone, which provides a bigger display experience when not folded.

Samsung hopes its foldable phone would improve its profit.

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