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    Galaxy S9: Low device sales numbers affect Samsung's financial results

      Samsung Electronics should soon release the fiscal results for the second quarter of 2018 and the results are not encouraging at all, because the company recorded low sales of the Galaxy S9 and S9+ devices, according to market analysts, according to to Reuters.

      The Galaxy S9 and S9+, which are the new top of the range of the South Korean company, as analysts say, would have recorded lower sales numbers than their predecessors Galaxy S8 and S7, which has led to a drop in the company's quarterly revenue growth. , affecting the financial results of the Korean company.



      Its revenue is expected to result in 14,9 trillion won, or approximately $13,3 billion or R$52 billion. This number, even though it represents growth of 5,7%, ends up discouraging the company's investors.

      HI Investment & Securities analyst Song Myung-sup told Reuters "The features that Samsung's mobile devices have are not attractive enough to make consumers spend money on them." As we can see in his comment, perhaps because the devices are similar in terms of design and functionality, the latest model has not become so attractive to consumers.

      Galaxy S9: Low device sales numbers affect Samsung's financial results

      Company records low sales numbers for Galaxy S9 and S9+

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      With that, since January of this year the shares of Samsung Electronics have registered a fall of 9%. However, Samsung not only encompasses the mobile market, but also the chips, and investors want this segment to be the most profitable in the company, accounting for three quarters of the company's operating profit in the next semester, thus being responsible for a third of all revenue in the second half of this year.

      To give you an idea, the expectation is that the chip division will result in a growth of 50% in one year, reaching 12,5 trillion won.



      Source: Reuters

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