Samsung officially announces the Galaxy Tab S4 to take on iPad Pro

Samsung's mobile woes drag on profit growth

Revenue declined about 4.13 percent from past year, due to softer sales of smartphones and display panels, despite robust demand for memory chips. However, analysts expected the company to post about $9.97 billion in income.

Samsung posted its slowest quarterly profit growth in more than a year today (31 July).

The profit growth in the memory chip business began to stabilize this year but it is still the lion's share of Samsung's bottom line.

Looking ahead, Samsung expects sustained strength in the memory market and growing demand for flexible OLED panels to drive earnings higher in the second half. While the Galaxy S10 is expected to feature an ultrasonic in-display fingerprint sensor, Samsung may introduce a cheaper optical scanner for its Galaxy A phones. Samsung released its earnings guidance earlier this month and now it has confirmed that slow Galaxy S9 sales have been one of the main reasons behind the fall in profits.

We already know that the Samsung Galaxy Note 9 will launch of August 9, but it appears that the South Korean firm has quietly confirmed the release date for its new phablet as well.

All duck boat sinking survivors out of hospital
Citing the ongoing investigation, the company declined to comment and referred all inquiries to the NTSB. Others killed included 65-year-old William Bright and his wife, Janice, 63, of Higginsville, Mo.

Samsung itself refrained from forecasting chip market conditions next year, but analysts think rising OLED sales could rescue the company's earnings.

It predicted that the market for smartphones and tablet PCs in the second half will remain a challenge despite the rise in seasonal demand. "To address rising competition, we plan to launch Galaxy Note 9 early and add new features to our mid- and low-end lineups while continuing to... find ways to enhance cost competitiveness".

The company came a distant second to Apple in the tablet race during the first three months of the year, according to IDC, selling 5.3 million tablet computers compared to Apple's 9.1 million iPads. The device will be available in Blue and Black color options and is sold through Flipkart and Samsung Online Shop starting August 6th.

Over the mid- and long-term, Samsung expects new opportunities in the component business from the ongoing transformation in the industry, led by the Internet of Things (IoT), artificial intelligence (AI) and 5G technologies.

In terms of specs, the Galaxy Tab S4 runs Android 8.1 and features a 10.5-inch Super AMOLED display, 13MP and 8MP cameras, a Qualcomm Snapdragon 835 octa-core processor, and a 7,300mAh battery that Samsung says offers up to 16 hours of video playback. By segment, the chip business accounted for 6.1 trillion won, followed by the display division with 1.1 trillion won.

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