The Folding Samsung Galaxy X May Come Before the S10, Not After
- Author: Terrell Bush Jul 06, 2018,
Jul 06, 2018, 22:51
Apple is due to reveal a new roster of phones in September this year so it's interesting to see the iPhone 8 pick up now. "The smartphone market is not growing anymore but the competition is intensifying", said Lee Won-sik, an analyst at Shinyoung Securities. In retrospect, it was a brilliant move that paid off handsomely, pushing Samsung to come up with better devices, and, in turn, pushing Apple to make better iPhones.
Samsung originally promised the folding Galaxy X would arrive before the end of 2018, but following a delay rumours expected it to be unveiled sometime in February.
The biggest loser in May was the the Samsung Galaxy S9 which was enjoying second place in April with 2.6% market share but slipped to sixth place with 2.1% after Xiaomi muscled in with its Redmi 5A to get to fourth place with 2.2% market share.
Moreover, the numbers are significantly worse than the first quarter, when Samsung reported 15.64 trillion won operating profit off 60.56 trillion won sales. The S9 has reportedly sold the lowest of any Galaxy phone since the S3 released back in 2012.
Samsung posted its earnings guidance for the second quarter of the year, and the results paint a dire picture for Galaxy S9 sales.
Sales are estimated at 58 trillion won, down 4.9 percent from 61 trillion won a year earlier. Earlier reports claimed that it's the other way around and the S10 would be launched earlier than its predecessor. Thanks to the Huawei P20 Pro, the benefits that can be achieved by having three cameras on a smartphone have been made clear (though Huawei also uses AI algorithms to further improve photos), and Samsung is said to be working on a competing setup for the Galaxy S10 camera.