Galaxy S10 blow revealed, but Samsung has solution just around the cornerAugust 5, 2019
Samsung has revealed a bitter blow following the launch of the Galaxy S10 earlier this year.
The Galaxy S10 has been the South Korean tech giant’s most high profile release of the year, launching back in March.
The S10 for the first time saw the launch of three different devices to the Galaxy family – the S10e, S10 and S10+.
However, Samsung has revealed a big blow following the S10 launch in their latest quarterly results.
While the first quarter of 2019 saw strong demand for the S10 help Samsung rake in profits, the second quarter has told a very different story.
In their latest quarterly statement, Samsung has revealed that flagship smartphone sales have fallen quarter-on-quarter.
This has been amid “weak sales momentum for the Galaxy S10 and stagnant demand for premium products.”
Samsung explained in a post online that they are looking to tackle this with a two-pronged attack, the first of which should be launched soon.
The Seoul-based firm revealed they will respond to this S10 sales blow with the upcoming launch of the Note 10 and the release of budget A-series devices.
Samsung said: “While the overall market saw demand for smartphones decline due to the negative macroeconomic environment and seasonal weakness, Samsung’s smartphone shipments increased QoQ led by strong sales of the new Galaxy A Series, including the Galaxy A50 and A70.
“However, sales of flagship models fell QoQ on weak sales momentum for the Galaxy S10 and stagnant demand for premium products.”
They added: “In the second half, the overall mobile market demand is expected to remain weak due to growing uncertainties over the global economy and trade.
“Samsung will continue to strengthen its flagship lineup and increase sales of new mass market models.
“The Company will promptly respond to the changing business environment, and step up efforts to secure profitability by enhancing efficiency across development, manufacturing and marketing operations.
“In the third quarter, Samsung will focus on successful launches of new innovative products – the Galaxy Note 10 and Galaxy Fold.
“It will enhance the 5G smartphone lineup to take the lead in the new market and introduce more competitive A series models in the second half to extend the ongoing positive momentum in mass market smartphone sales.”
The Samsung Galaxy Note 10 is set to be revealed in a few days time during an Unpacked event in Brooklyn on Wednesday August 7.
It’s rumoured that the Note 10 will feature a 6.3inch AMOLED display in a 19:9 aspect ratio and boast a huge 4,300-mAh battery.
Leaks have also claimed the Note 10 will have a single, punch-hole camera on the front of the device that’s placed in the centre and three rear facing cameras.
It’s also been rumoured that Samsung could launch a larger Note 10 Plus device and in total there will be four different variations when factoring in 5G models.
Other rumours include the S Pen having a camera of its own and the Note 10 being the first Samsung flagship to drop the beloved 3.5mm audio port.