CHIPPING AWAY While the smartphone business struggles, Samsung's profits are being driven by strong global sales of DRAM and NAND chips which account for about a third of its revenue. It will disclose detailed results in late July. The forecast is slightly below the 14.9 trillion won analyst average estimate in a Thomson Reuters poll.
The original report also indicates that the unlocked variant of the Samsung Galaxy Note 9 also stopped by at the FCC with a model number of SM-N960U, with support for all of the major wireless carriers in the United States.
The high cost of chips has hurt many electronics makers, with Chinese manufacturers among the hardest hit as they operate at lower margins than rivals.