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Samsung has high hopes for the Galaxy S10, foldable, and 5G phones this year

January 31, 2019

Samsung on Thursday announced the results for the December quarter as well as the 2018 fiscal year, marking the second straight year of record annual results. However, the numbers for the fourth quarter were less than stellar, with Samsung posting drops of 10% (revenue) and 29% (profit) compared to the same period last year. Smartphone sales weren’t great for the company during the December quarter, but that’s hardly a surprise considering that Samsung’s 2018 flagship failed to deliver any excitements. The Korean giant, however, hopes that phones like the upcoming Galaxy S10 series, as well as foldable and 5G devices to help it turn things around.

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