"Samsung Electronics’ preliminary guidance indicated a 56% year-on-year (YoY) decline in profits and a 4% YoY decline in the revenues for Q2 2019. The decline can be attributed to the reducing of price DRAM and NAND chips due to sluggish demand. This comes after the US’ trade ban on Huawei and a brewing Japan-Korea trade war. The Huawei trade-ban has caused more uncertainties in the smartphone market. However, there could be a silver lining in the smartphone business as Samsung is in the best position to gain from Huawei's decline. Also, as 5G adoption increases, the devices in the ultra-premium segment will help improve margins for Samsung." – Varun Mishra