Saturday, 10 December 2016

Smartphone competition triggers Samsung profit decline

By Mary Lennighan, Total Telecom
Thursday 31 July 14

South Korean vendor pledges to introduce new phones to boost shipments, but warns it may not be able to improve earnings in Q3.

Samsung on Thursday confirmed that weakness at its smartphones business had a negative effect on its financial results for the second quarter of the year. It committed to launching new devices to boost its performance in the second half, but admitted that improving profitability will be a challenge…

Samsung on Thursday confirmed that weakness at its smartphones business had a negative effect on its financial results for the second quarter of the year. It committed to launching new devices to boost its performance in the second half, but admitted that improving profitability will be a challenge…

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