Samsung posts slowest profit growth, poor Galaxy S9 sales to blame

ANI  |  Seoul [South Korea] 

has reported a slump in its Q2 profits owing to the lower than expected sales of its flagship Galaxy

The South Korean reported a 4 percent sales revenue drop to about USD 52.3 billion, reported.

The operating profit recorded at 5.7 percent, indicating the slowest quarterly profit growth since first quarter of last year. Amidst this, the company's business did well with a 45 percent Y-o-Y increase.

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First Published: Tue, July 31 2018. 14:00 IST