Samsung profits slow after poor smartphone sales

07 July, 2018, 03:02 | Author: Sergio Cook
  • Samsung Galaxy S8

When CEO Koh Dong-jin spoke about the Galaxy X at a press briefing in Las Vegas earlier this year, he admitted that he was eager to introduce the foldable device.

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. This likely means that the foldable smartphone's unveiling, which has been delayed for a few years, will finally happen soon. While previous watches from Samsung have relied on its own Tizen platform, the new device could be running Android Wear, which was recently rebranded as Wear OS. That's not to say the Galaxy X would be out of place at MWC, just that it's a much better fit for CES than the Galaxy S10 - especially given the fact nobody's release a folding phone that didn't rely on some sort of hinge connecting two separate displays.

But we still don't know what the Galaxy X might look like.

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The two other variants of the Samsung Galaxy S10 (Beyond 0 and Beyond 1) will come with a dual camera setup - one with a 12-megapixel main lens with variable aperture (f/1.5 to f/2.4), and another super-wide-angle lens at 16-megapixel with f/1.9 aperture. The Galaxy X will likely not cannibalize sales for the Galaxy S10, as the foldable smartphone is expected to be a niche device with a price tag that may go as high as around $1,800, almost double the price of the $1,000 iPhone X by rival Apple.

Ice Universe also claims that the upcoming watch will ditch the Gear branding for the slightly sexier Galaxy Watch. Perhaps now might be a good time to mention that Apple is also rumored to be launching three smartphones later this year.

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