Samsung has reported its earnings for Q1 2019, in which the company has made operating profit of 6.23 trillion won, down 60.1% YoY, as expected, for the January to March 2019 period. This due to drop in demand for memory chips and displays, although the newly launched Galaxy S10 smartphone logged solid sales, said Samsung. It reported revenue of 52.39 trillion won, down 13.4% YoY from 60.56 trillion won last year. Continue reading “Samsung’s Q1 2019 profits down 60% YoY, mobile profits down 39.7% YoY”