South Korean telecom giant Samsung Electronics on Friday flagged a 5.2 percent rise in second quarter operating profit from a year earlier, missing analyst estimates.
Sales are estimated at 58 trillion won, down 4.9 percent from 61 trillion won a year earlier.
Wimbledon 2018: Third seed Cilic beaten by Pella in second round
Madison Keys became the latest top-10 seed to bow out of Wimbledon after a dramatic defeat by world number 120 Evgeniya Rodina . Her sister Serena Williams is still going strong, though, after overcoming her toughest test so far this week.
KitGuru Says: This is evidence of how competitive the smartphone space is getting when even Samsung are having issues selling their flagship devices. However, things have begun to slow down, as Samsung's smartphone sales have slowed down considerably, with the Galaxy S9 lagging behind its predecessor. Samsung is expected to post its finalized earnings report later this month.
New monthly data released on Thursday by mobile phone market tracker Counterpoint Research highlighted Samsung's problems, showing its latest Galaxy 9 Plus premium handset had been overtaken by Apple Inc's iPhone 8 as the world's top-selling smartphone due to weak sales in Europe.
Samsung has postponed the launch of the Galaxy X for a few years, but 2019 looks like the year when we'll get three Samsung flagship series rather than two. Now that mid-2018 is here and the expected release date is drawing near, new Chinese and Korean rumors concerning the specs of the Galaxy X emerge, presenting truly revolutionary technologies.
Avenfield verdict declared at wrong time, says Khursheed Shah
The sentences mark a grim milestone for Sharif, who has seen his political fortunes fall with stunning speed in the past year. The PML-N sweeps back to power in an election the gives its allies a solid National Assembly majority.
Expectations are high for Samsung's foldable phone, which provides a bigger display experience when not folded. The device might make it to the market in March 2019. However, it didn't reveal any detail about its anticipated foldable handset. The company has filed for a patent for a smartphone that shows the device's body with flexible display.
Samsung hopes its foldable phone would improve its profit.
Lewis Hamilton expects 'serious fight' with Ferrari
It's true that they are very, very strong around here and you'd expect them to be very strong tomorrow. Chief strategist James Vowles acknowledged the blunder, telling Hamilton that it was his mistake.