Samsung will bolster its mobile business with foldable and 5G phones

» Top New Products

Vehicle History Reports
cs_image_0

If  you  want  to  save  on  Carfax  Vehicle  History  Reports,  you  are  in  the  right  place  to  get  started       

$9.99
Agile Betting System
cs_image_1

This  is  a  truly  sexy  way  to  make  betting  winnings.  You're  going  to  love  it.                                                 

$29.99
The Social Network For Entrepreneurs
cs_image_2

The  Premium  Private  Network  For  Everything  You  Need  For  Your  Entrepreneurial  Goals.                                 

$7.00
Your Survey Cash System
cs_image_3

Earn  up  to  120$  per  Day  doing  paid  Online  Surveys.                                                                                                   

$19.90
Smart Goal Setting Software
cs_image_4

Discover  how  to  boost  your  goal  achieving  skills  in  30  days,  guaranteed                                                         

$9.95
The Great Dog Training Secrets
cs_image_5

Learns  How  To  Fix  Any  Bad  Dog  Behavior  And  Have  The  Perfect  Dog  Without  Treats.                                         

$67.00
Fifa17 Ultimate Trading Robot
cs_image_6

World's  First  Artificial  Intelligence  (A.I.)  Trader  for  FIFA18  Ultimate  Team.                                             

$18.90
Vaccine legal exemption
cs_image_7

Finally,  a  reliable  exemption  information  from  a  knowledgeable  attorney.                                                       

$24.95
The Blue Sky Guide To Linkedin
cs_image_8

LinkedIn  can  help  you  build  the  career  you've  always  hoped  for,  with  minimal  effort.                               

$29.00
Secret To Manifest Anything You Want
cs_image_9

Instantly  Manifest  Wealth,  Abundance  Or  Anything  You  Want  Under  Sky  In  6  Hours                                           

$37.00
Science Proves Magick Real?
cs_image_10

Discover  The  Shocking  Experimental  Secrets  That  Proves  The  Existence  Of  Magic...                                       

$39.95
Elite Swing Mechanics
cs_image_11

Learning  And  Understanding  Swing  Mechanics  Used  By  Elite  Hitters.                                                                     

$49.99

Samsung has posted a 17.57 trillion Korean won (US$ 15.45 billion) operating profit for Q3 2018 like it expected, setting a record high for the Korean corporation. As has been the case over the past years, its chip business is the company’s top earner. It made 13.65 trillion won (US$ 12 billion) in operating profit for the quarter from a 24.77 trillion won (US$ 22 billion) consolidated revenue. Samsung’s mobile division also posted a 24.77 trillion (US$ 22 billion) consolidated revenue, but its Q3 profit was a measly 2.2 trillion won ($ 1.9 billion won) due to decreased sales of mid- to low-end products and increased marketing costs.

Samsung knows that the competition is only bound to become tighter as more and more premium phones make their way to the market. Clearly, its decent flagship sales aren’t enough to make up for the division’s mediocre performance. For 2019, the company plans to strengthen its mobile segment by launching foldable and 5G smartphones, as well as changing its low- to mid-range phone strategy to attract a millennial audience. Samsung might reveal its first foldable phone as soon as November, possibly before it shows off its larger foldable displays.

Yes, the Korean corporation also plans to offer flexible and foldable displays for cars and larger devices like laptops, all in an effort to expand its OLED business in 2019. The OLED segment of its display division posted a higher profit than the previous quarter due to the demand for flexible screens, so Samsung has a basis for that strategy.

While Samsung is expecting price declines for NAND memory chips, it’s also expecting an increase in demand from the growing cloud market and bigger mobile storage offerings. In addition, to ensure that its chip division will continue to do well, it’s planning to make its SoCs more competitive by leveraging its 5G modem technology. The company will also diversify its product line-up with 3D sensors, fingerprint-on-display sensors, as well as chips for automotive and Internet of Things applications.

Source: Samsung

Post Author: martin

Avatar
Martin is an enthusiastic programmer, a webdeveloper and a young entrepreneur. He is intereted into computers for a long time. In the age of 10 he has programmed his first website and since then he has been working on web technologies until now. He is the Founder and Editor-in-Chief of BriefNews.eu and PCHealthBoost.info Online Magazines. His colleagues appreciate him as a passionate workhorse, a fan of new technologies, an eternal optimist and a dreamer, but especially the soul of the team for whom he can do anything in the world.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.