Samsung Q2 financial results show 56% fall in profits

Smart Android And Trik-Commenting on Andorid indeed never endless, because smart devices this one is often updated every certain amount of time. So that the market can always be garapnya menerinya with pleasure. And it is not denied if this device has become the lifestyle of each society. To not wonder if the 6th business information and many are turning to mobail smartphone. With Android which thoroughly dominated the mobile industry, choosing the best Android smartphone is almost identical to choose the best smartphone, period. But while Android phones have few real opponents on other platforms, internal competition is intense.

From the sleek devices impress with the design premium, up to a full plant furniture features, to a very good device, and affordable mobile phone has a heavy weight, the Android ecosystem inhabited by a diverse range of attractive mobile phone Samsung Q2 financial results show 56% fall in profits Samsung Q2 financial results show 56% fall in profits,But "oversize" are subjective, and sometimes pieces of the specification and a list of features is not enough to get an idea of how good a phone. In this roundup, we look at the absolute best-the Android phone you can't go wrong with. The habits of young people or to accentuate trand blindly lifestyle, make this a medoroang this clever device industry vying to do modifications to the device, with a distinctly vitur vitur-tercanggihnya. So it can be received over the counter Samsung Q2 financial results show 56% fall in profits

Samsung’s earnings report for the April-June period is in and much like the guidance report which came out at the beginning of the month predicted, the company is facing some significant struggles. Most notably Samsung’s operating profit fell by 56% year over year to KRW 6.6 trillion ($5.56 billion).

For comparison, in Q2 2018 the company saw KRW 14.87 trillion ($13.3 billion) in profits. In addition, the mobile business saw a 42% decrease in profit due to slow sales in the flagship sector despite an increase in total smartphone shipments. Revenue is up 8% thanks to solid sales from the midrange A-series models.

The stagnating semiconductor market is another hurdle that Samsung had to deal with during the period. Weak demand and slumping prices in the memory chip market resulted in revenues of KRW 16.09 trillion

($13.6 billion) compared to KRW 21.99 trillion ($18.59 billion) a year ago. Looking forward Samsung sees a recovery period for its semiconductor business heading into the second half of 2019 with increased demand for NAND and DRAM components.

On the other hand, Samsung’s display business which is another staple in its portfolio saw KRW 7.62 trillion ($6.64 billion) in profits which is up from KRW 5.67 trillion ($4.79 billion) in Q2 2018. The high demand for OLED panels in the mobile industry and the quest for slimmer display panels are good signs for Samsung heading forward in H2 2019.

Source

Let's block ads! (Why?)

Tweet

Subscribe to receive free email updates: