Samsung Electronics posted its highest ever profit in the previous quarter, but the company issued guidance today, warning that revenues and profits for the three months ended December 31, 2018 will fall sharply year-on-year. Samsung expects sales of $ 52.5 billion, down 11 per cent from 12 months, while operating profit is expected to fall 29 per cent to about $ 9.6 billion.
For the current quarter, Samsung expects profits to remain "closed", but things are expected to improve in the second half of the year. Samsung pointed out that the 5G devices and folding devices will improve the performance of the mobile phone division. Meanwhile, the company says OLED panels for smartphones will continue to increase market penetration.