Samsung Now Accepting Reservations For The Galaxy Note 9

Samsung Now Accepting Reservations For The Galaxy Note 9

Samsung Now Accepting Reservations For The Galaxy Note 9

Samsung Electronics Co Ltd posted its slowest quarterly profit growth in more than a year on Tuesday due in part to weak sales of its Galaxy S9 smartphones, and warned of tougher competition ahead for the struggling mobile sector.

"For NAND, demand remained robust on the back of the continuing trend toward higher density for smartphones and the increase in demand for server SSD due to expansion of cloud infrastructure".

Samsung said competition would intensify in the second half as new smartphone models were released, prompting it to introduce a new Galaxy Note earlier than usual. Pre-orders start today on Samsung.com until August 9, 2018. That work has fueled rumors of a foldable smartphone from Samsung for years.

Demand for Samsung's flexible OLED panels also dropped, while LCD shipments fell in price and quantity.

There is no doubt that the high-end smartphone market is taking a kicking but Apple is also suffering.

The Galaxy Tab S4 WiFi version will be available in the U.S. starting at $649.99 on August 10, 2018 at Amazon, Best Buy and Samsung.com. A couple of months ago in the second quarter earnings Samsung said there will be "an early introduction of the Galaxy Note", but refused to give an exact date.

More news: California's Carr Fire Jumps Sacramento River, Reaching Outskirts Of Redding

A "reasonable" price means different things to different people.

The Galaxy Note 8 was showcased on August 23 previous year and went on sale on September 21. Earnings from the TV business will continue to improve as Samsung expands sales of new innovative premium models including QLED and 8K TVs. Samsung Knox, the company's enterprise solution, will allow IT managers to tailor interface with their business needs.

Looking to the second half, the TV market is projected to grow YoY, especially in developed economies. You can go to Samsung's site or its app on Google Play Store, and submit your name, email ID, and carrier model of choice to reserve the smartphone.

The company spent 8 trillion won (7.2 billion US dollars) in capital expenditure in the second quarter, including 6.1 trillion won (5.5 billion USA dollars) for the chip business and 1.1 trillion won (984 million USA dollars) for the display panel division. You can also extend Samsung DeX to an external monitor with a compatible HDMI to USB-C multi-port adapter.

Samsung said it also made a decision to hand out dividends of 354 won per shares, with the combined amount of 2.4 trillion won.

Additionally, Samsung's OLED manufacturing business has an unrivalled market share, and its flash memory and DRAM business are also bringing in record profits for the manufacturer.

Related news



[an error occurred while processing the directive]