Samsung profits fell due to low demand for Galaxy S9

Samsung has reported financial results for the second quarter of 2018. The company received this period $ 13.3 billion in operating income by 5.68% more results a year earlier. It’s not so good, sales of smartphones and display was not high, although the demand for memory chips turned out great.

Profit is about $52.1 billion, which is 4.1% less than the same quarter a year ago. The decline in profits of the company justify just unimpressive sales of smartphones and screens.

The main smartphone of the year, Samsung now is Galaxy S9, it came out at the end of last quarter, but the manufacturer describes the sales as “slow”. Analysts had previously predicted that it will be the poorest-selling flagship Galaxy S series with Galaxy S3 2012.


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