KitGuru Says: This is evidence of how competitive the smartphone space is getting when even Samsung are having issues selling their flagship devices.
You wouldn't think there could be a whole lot of mystery and intrigue in the smartwatch market, but there is plenty of both surrounding Samsung's upcoming Galaxy S4 (or Galaxy Gear).
After almost a year of breaking profit records, Samsung has today released earnings guidance for Q2 with a notable dip attributable to lackluster Galaxy S9 sales.
The Korean giant's earnings guidance for Q2 2018 includes expected consolidated sales to be approximately 58 trillion won ($52 billion USD), while the expected consolidated operating profit should be around 14.8 trillion won ($13.25 billion USD). Despite this setback, Samsung's chip manufacturing business comes as a savior for the April-June period when an increase in profit of about 50 percent on a yearly basis is expected.
Expectations are high for Samsung's foldable phone, which provides a bigger display experience when not folded.
IBTimes previously reported that Samsung is preparing to launch its Galaxy X foldable phone at CES 2019 in January and its Galaxy S10 flagship handset at MWC 2019 in February. The device will enter mass production later this year ahead of its unveiling in the first month of 2019.
It's rumored that the Beyond0 will be a lower-priced Galaxy S10 variant, the Beyond1 will be the "standard" model, and the Beyond2 will be the Galaxy S10+.
Samsung has since acknowledged its plan to expand its smartphone portfolio. That patent was referring to a device called the Gear X, which looked like Samsung's older Gear watches.
Samsung hopes its foldable phone would improve its profit.