After a record loss in its semiconductor division, Samsung's profit is at a 14-year low.
Samsung's shocking earnings guidance may thus result in an official quarterly results announcement where the mobile division is one of the few bright spots in its business operations, something that hasn't happened since the early Galaxy line days.
It won't be a huge profit number there, but every little bit helps to have kept Samsung still in the black during the quarter. Surprisingly enough,for new production capacity and new technologies. It would rather be introducing temporary production cuts in the semiconductor division in order to decrease supply and normalize demand which is expected to rebound later in the year. In the summer, it is expected to announce a completely overhauled set of foldable phones in its clamshell and book lines, which should bring additional profit contribution from its mobile department.
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