As Smartphone Sales Dip, Samsung Launches Galaxy Fold
PYMNTS
FEBRUARY 20, 2019
In January, Samsung’s Q4 results showed a 10 percent year-over-year revenue decline, along with an 11 percent drop in sales tied to mobile operations. The firm pointed to a “sluggish” smartphone market, coming right into a seasonal slowdown. The smartphone market in China reportedly contracted 9.7 starts at $1,980.”
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