Daily Trends Now
Daily Trends Now


Samsung's next smartwatch to be called Galaxy Watch, use Wear OS

Samsung's next smartwatch to be called Galaxy Watch, use Wear OS

The iPhone 8 was trailed by the Galaxy S9 Plus, iPhone X, Xiaomi Redmi 5A, and the iPhone 8 Plus. However, things have begun to slow down, as Samsung's smartphone sales have slowed down considerably, with the Galaxy S9 lagging behind its predecessor. A folding phone can't be easy to make, hence why it's supposed to be playing it safe by only making a limited number of devices.

Samsung is expected to launch the Galaxy S10 in February 2019.

Q1 2018 was Samsung's sixth record quarter in a row, but it warned that Q2 would see a slowdown.

But guess what, Samsung hasn't been able to sell as many Galaxy S9 phones as it hoped and the company's bottom line reflects that.




Samsung is reportedly leading the race to build foldable smartphones with the development of a curved battery that it can produce in large numbers. That's an increase of 0.71 trillion won in profits, but a 3 trillion won drop in sales compared to the same time a year ago, as Samsung missed estimates for the quarter that ended on June 30th. The company expects to report 14.8 trillion won ($13.2 billion) in profit and 58 trillion won ($51.8 billion) in revenue for the period. Apparently, this year's flagship is seeing the lowest sales of any Samsung flagship since the Galaxy S3 back in 2012.

Most notably, it's reported that the Gear S4 (the name of which will be changed to Galaxy Watch) will be powered by Wear OS, formally called Android Wear.

The Galaxy X launch has been postponed for a few years, but it looks like it will finally be hitting the market next year.

Weak LCD display prices are also blamed for the disappointing results, they said.

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