Samsung plans foldable and 5G smartphones to boost sales in 2019

Liam_Selby

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Samsung plans foldable and 5G smartphones to boost sales in 2019

Samsung has announced that it plans to launch foldable and 5G-capable smartphones in 2019. It made the announcement along with its third quarter results for 2018, in which it reported operating profit of 17.57 trillion won (R226 billion).

“As for the outlook for 2019, smartphone market demand is expected to slightly grow mainly driven by premium segments. However, competition is likely to intensify across all segments as key features of premium models continue to expand to mid- to low-end models,” Samsung said.
 
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