Samsung Electronics’ quarterly profit and sales missed estimates on sputtering demand for memory chips during the last three months of 2018, the same quarter that Apple reported anaemic sales in China.
Apple and Samsung announced a deal that only recently would have seemed unthinkable: the iPhone maker will begin offering iTunes movies and TV shows on its arch rival’s TV sets.
Samsung sprung a surprise ahead of the CES technology show by announcing a new TV partnership with long-standing rival Apple.
Apple plans to hold off until at least 2020 before offering an iPhone that can connect to the next generation of high-speed phone services coming next year, according to people familiar with its plans.
Samsung Electronics will roll out its foldable phone in the first half of next year and produce at least a million of them, Yonhap News reported, citing the company’s smartphone chief DJ Koh.