Samsung’s Q4 2018 smartphone profits were the lowest in more than two years

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Global smartphone sales are down (and unlikely to bounce back in the next few quarters), impacting the bottom line of both Apple and Samsung while Huawei somehow continues to defy market trends.

The final three months of 2018 have been particularly problematic for Samsung, as the mediocre performance of the chaebol’s mobile division could no longer be offset by the semiconductor business.
That’s because demand for memory chips is also sliding, a trend likely to continue in the early stages of 2019. All in all, Samsung did manage to generate a solid Q4 2018 operating profit …

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