Operating profit for the three-month period is expected to come in at 14.8 trillion won ($13 billion) from 58 trillion won (£39bn) in revenues.
While the smartphone business struggles, Samsung's profits are being driven by strong global sales of DRAM and NAND chips which account for about a third of its revenue.
Smartphone sales started to cool previous year after a decade of robust growth, but Samsung had managed to weather the slowdown, thanks to demand for memory. The Galaxy X will likely not cannibalize sales for the Galaxy S10, as the foldable smartphone is expected to be a niche device with a price tag that may go as high as around $1,800, almost double the price of the $1,000 iPhone X by rival Apple.
Samsung was also hurt by a fall in prices for its liquid crystal display panels, which are used in both TVs and smart devices.
Samsung warned in April that its mobile business would see "stagnant sales of flagship models amid weak demand and an increase in marketing expenses" in the second quarter.
"While chip sales keep rising, smartphones aren't looking good", said Jung Sang-jin, a fund manager at Korea Investment Management.
Competition from cheaper Chinese brands like Xiaomi Corp (1810.HK) and Huawei have already seen Samsung lose market share in China and India, the world's top smartphone markets. However, it looks like the company might be changing a key element of the device.
The won may also help Samsung to bounce back in the second half.
He has not yet publicly indicated that he has narrowed the list and could still consider others in the mix. Lee has the respect and admiration of his colleagues, Republicans and Democrats alike", Cruz wrote.
The European stock futures point to gains of 0.3 percent in France's CAC and Britain's FTSE and 0.5 percent in Germany's DAX. By the end of the day, the Shanghai Composite was up 0.4 per cent while the CSI300 had risen 0.04 per cent.
Trump is scheduled to visit London next week after much delay, with concerns over protests having scuttled previous plans. He criticized the president over his tweets following terror attacks in London past year .
Howevever, the study explicitly noted its limitations and doesn't definitively state that phones never record its users. Users should also read through privacy policies as often as they can for sneaky statements about what data is gathered.
Serena Williams and Roger Federer booked their places in the third round of Wimbledon on Wednesday with straight-set wins. Federer was relentless as he lost just nine of 61 total points behind his intimidating service.
The woman claimed she called the police for the "safety of the neighborhood" and wouldn't say where she lived. State representative Janelle Bynum was going door-to-door to meet constituents earlier this week.
A capacity crowd cheered the teams and waved signs that said "Welcome" and "We are passionately rooting for you", the report said. They were matches between teams made up of a mixture of North and South Korean players.
Trump vowed Thursday at a campaign rally in Montana that he'll be prepared for the July 16 summit in Finland. One man wrote, "I hope we can get the #MeToo generation to get Trump out of office - and not very gently".
Here are some of Woods' holiday tweets , in chronological order, followed by his announcement today of his agent's farewell. The most recent credit for the 71-year-old Woods is a voiceover for the animated series " Justice League Action ".
Federer had continued to wear Nike without a deal, but for his opening news conference at Wimbledon , he wore an unbranded jacket. Nadal reached the Wimbledon final every year between 2006 and 2011 - barring 2009 when he was injured - winning the title twice.
Maryam says she is ready to go to jail
The Supreme Court agreed to investigate the Sharif family's finances after Khan threatened street demonstrations to protest graft. Sharif's two sons - Hasan and Hussain - also wanted in the case, have been declared proclaimed offenders owing to their no-show.
Novichok Nerve Agent Poisoned British Couple
He went on: "The hostel (where Ms Sturgess lived) now becomes a crime scene and they will treat that with the utmost respect". Police say the pair were exposed to the potentially deadly nerve agent Novichok after "handling a contaminated item".
Poland's isolation deepens as Supreme Court law takes effect
Democracy champion and Nobel Peace Prize victor Lech Walesa has said he will come to Warsaw Wednesday to defend the Supreme Court. The party's standing in polls has held steady at around 40 percent throughout the dispute, well above any single rival party.
USA tariffs take effect, China warns of 'counterattack'
Although the first exchange of tariffs is unlikely to inflict much economic harm on either nation, the damage could soon escalate. Eastern, when the USA targets 818 of China's technology products, including auto parts, and aerospace and medical instruments.
Dozens missing after Thailand tourist boat capsizes
Severe weather is forecast in the area until next Tuesday. "We will search under the belly of the boat", the Marines said. Strong winds are still blowing as rescuers look for the missing in the Andaman Sea off the tourist island of Phuket .
Homeowner catches bear in his hot tub, drinking margaritas
The Los Angeles County Sheriff's department said it received six bear-sighting calls that day, but were unable to find it. Mark Hough was looking to enjoy a relaxing margarita in his backyard when a bear wandered onto his property.