According to reliable whistleblower @Tech_Reve, Samsung Electronics achieved 300 billion won (Currently about RMB 1.587 billion) in the tablet business in the first quarter of this year. Profits hit record highs. In addition, Samsung’s tablet business has a profit margin of 10%, surpassing the 7%-8% margin of its smartphone and smartwatch business.
Tablets recorded higher operating profits and margins because the Android tablet market was less competitive. However, the smartphone market is very different, there is extremely high competition from almost all companies, and it is not easy to achieve higher operating profits.
Despite the stellar performance of its tablet business, Samsung still maintains its smartphone business as its core business. Samsung will hold an Unpacked conference on July 26 and launch two folding screen phones: Galaxy Z Fold 5 and Galaxy Z Flip 5. The launch was about two weeks early.
