Samsung Galaxy Note 9 S Pen with Bluetooth passes through the FCC

Samsung Galaxy Note 9 S Pen with Bluetooth passes through the FCC

The Samsung Galaxy Note 9 will be announced on August 9 at the next Unpacked event.

The Korean electronics giant said Thursday that it expects to record an operating profit of 14.8 trillion Korean won ($13.2 billion) for the three-month period ended June 30, an increase of 5 percent over the year-ago-period.

Smartphone sales started to cool past year after a decade of robust growth, but Samsung had managed to weather the slowdown, thanks to demand for memory.

Revenue likely came in at 58 trillion won ($51 billion), a decrease of almost 5 percent from a year earlier.


Samsung shares are down about 12 percent this year on concerns over slowing profit growth and a lack of technological innovation to drive smartphone sales.

"While chip sales keep rising, smartphones aren't looking good", said Jung Sang-jin, a fund manager at Korea Investment Management. Samsung won't provide net income or break out divisional performance until it releases final results later this month.

"Overall, third-quarter profit will be stronger than the second quarter as Samsung will perform better in the semiconductor and display businesses", Song Myung-sup, an analyst at HI Investment & Securities, said. This is a way for the South Korean phone maker to gauge the marketability of the device. Prices for 128 gigabit MLC NAND flash memory chips fell about 9 percent, according to inSpectrum Tech Inc. According to Pocketnow, the key aspects of the flagship's design were undecided even in mid-April; all we heard was that the screen might actually be comprised of two displays that come together when the device is opened up.

Analysts have also lowered their views on Samsung, the Financial Times reported.

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