The Folding Samsung Galaxy X May Come Before the S10, Not After

Posted July 06, 2018

Samsung is expected to launch the Galaxy S10 in February 2019. According to information provided by Ice Universe on Twitter, the new smartwatch will actually be called the Galaxy Watch.

Q1 2018 was Samsung's sixth record quarter in a row, but it warned that Q2 would see a slowdown. "The smartphone market is not growing anymore but the competition is intensifying", said Lee Won-sik, an analyst at Shinyoung Securities.

Revenue likely came in at 58 trillion won ($51 billion), a decrease of almost 5 percent from a year earlier. Compared to the 14.07 trillion won profit from last year's second quarter, Samsung's performance improved, but it failed to reach the market's estimate of $15.2 trillion won, as pointed out by Yonhap. The iPhone 8 was trailed by the Galaxy S9 Plus, iPhone X, Xiaomi Redmi 5A, and the iPhone 8 Plus.

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Weak LCD display prices are also blamed for the disappointing results, they said. The Galaxy S7 is likely to remain the company's best-selling phone, with 50 million units sold in the first year.

Samsung shares are down about 12 percent this year on concerns over slowing profit growth and a lack of technological innovation to drive smartphone sales.

The lack of design change coupled with incremental upgrades such as a specs bump, a minor camera upgrade along with the variable aperture mode was not sufficient to turn the tides in the company's favor.

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Expectations are high for Samsung's foldable phone, which provides a bigger display experience when not folded.

Moreover, a Chinese rumor claims that Samsung SDI is already manufacturing the batteries for the Galaxy X model.

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