Samsung hopes 5G will save its slumping profits this year

Photo by Chris Welch / The Verge Samsung Electronics just released fourth-quarter earnings that told much the same story as the rest of 2019. Revenue was more or less flat year-on-year — up 1 percent to 59.9 trillion won ($50.7 billion) — while operating profit slid 34 percent to 7.1 trillion won ($6 billion).
The primary reason for the decline remains the fall in prices of memory chips, Samsung’s biggest profit driver in recent years. The display panel business also saw profi