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Samsung warns for weaker Q1 results on downturn in display, memory markets

2019-03-26 11:17:00| Telecompaper Headlines

(Telecompaper) Samsung said it expects its results for the first quarter to come in below market expectations due to worse-than-expected business conditions in the display and memory industries. The company had already warned for lower earnings in Q1 on weaker performance at its memory chip business. Demand for memory products and OLED panels was expected to pick up from the second half of the year. 

Tags: results display memory samsung

 

Samsung issues profit warning, as handset demand wanes

2019-03-26 01:00:00| Total Telecom industry news

Korean tech giant Samsung has issued a surprise profit warning, as declining handset sales hit the company's bottom line, according to reports in the UK press. The company also blamed a slump in the memory chip market for the drop in profits…read more on TotalTele.com »

Tags: issues samsung demand profit

 
 

Intel passes Samsung in semiconductor sales in 4Q 2018

2019-03-11 16:30:40| Digital TV News

The declining market for semiconductors used in mobile handsets and enterprise servers has led to a realignment in the company market-share ranking for semiconductor manufacturers, according to IHS Markit (Nasdaq: INFO).

Tags: sales samsung intel passes

 

Samsung planning to release two more foldable phones - report

2019-03-06 08:33:00| Telecompaper Headlines

(Telecompaper) Samsung is working on a pair of new foldable smartphones to follow its Galaxy Fold released at MWC. According to a report from Bloomberg, the company is said to be developing a clamshell-like device, and another that folds away from the user, similar to Huawei's Mate X.

Tags: report release planning phones

 

Samsung S10 pre-orders lower than predecessors in Korea - report

2019-03-05 10:24:00| Telecompaper Headlines

(Telecompaper) Orders for Samsung's new Galaxy S10 smartphones in its home market South Korea were lower than its predecessors, the Korea Herald reports. There were 140,000 phones ordered the first day, compared to 180,000 for the Galaxy S9 a year ago and 200,000 for the Note9 launched last August.

Tags: report lower korea samsung

 

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