ByJoscelin Self 2020-01-08 1366
SmartEstimate, a foreign financial data provider, compiled a report of analysts predicting that Samsung Electronics will suffer its biggest annual profit reduction in at least a decade in 2019. Specifically, when Samsung released its preliminary results for the fourth quarter of 2019 on Jan. 8, it is expected to report a 40 per cent year-on-year decline in operating profit for the fourth quarter, resulting in an operating profit of 6.48 trillion won ($5.53 billion).
In fact, the fourth quarter will be the fifth consecutive quarter in which Samsung suffered a year-on-year decline in operating profit. SmartEstimate analysts expect Samsung's profits to soar nearly 40 per cent in 2020 amid a recovery in the chip market in the first quarter of 2020.
On the other hand, Samsung will unveil a number of blockbuster flagships such as the S20 series and the Fold 2 next month. Whether we can create better revenue for Samsung Electronics depends on whether the product is hard or not.
|You may also want to read:|
|Xiaomi Mi Watch Color VS HUAWEI Watch GT2 VS Amazfit GTR: Which is More Worth Buying?|
|Xiaomi Mi Watch Color In-depth Review: Fashion Products Without Electricity Anxiety|
|How to Turn your Xiaomi Mi Band 4 as a remote shutter for Android camera?|
|How to add or remove devices from Xiaomi mijia multimode gateway?|
● Over 300,000 products
● 20 different categories
● 15 local warehosues
● Multiple top brands
● Global payment options: Visa, MasterCard, American Express
● PayPal, Western Union and bank transfer are accepted
● Boleto Bancario via Ebanx (for Brazil)
● Unregistered air mail
● Registered air mail
● Priority line
● Expedited shipping
● 45 day money back guarantee
● 365 day free repair warranty
● 7 day Dead on Arrival guarantee (DOA)