Samsung Electronics reported its financial results for Q4 2018, with revenues of KRW 59.27 trillion ($53 billion USD), down 10% from Q4 2017. Samsung's operating profit of KRW 10.8 trillion ($9.6 billion) was down 29% from 2017.

Samsung Display reported a decline in rigid smartphone OLED display sales - due to rising competition from LCD panels. Demand for flexible OLEDs was strong. In Q1 2019, OLED display sales will remain weak - but Samsung says that flexible OLED demand will pickup in the second half of 2019.

Samsung Display also updates that it did not yet finalize its plans for QD-OLED production (it was estimated before that SDC plans to start QD-OLED trial production in 2019, but apparently SDC is not committed to that yet). Samsung says that display innovations in 2019 will include foldable displays and MicroLED TVs.

Source: 
Tags: