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Samsung Q3 net profit tumbles by 49%

The release of the Galaxy Note 4 did not save Samsung from a 49 percent tumble in net profit for the third quarter of 2014, with the tech giant pointing to increased smartphone competition and reduced sale prices for older phones.

October 29, 2014 by

Samsung's slippery slope in India

Samsung has lost share in the fastest-growing and largest smartphone market in the world, only to be further upstaged by the recently launched, value-packed Android Ones. It will take some doing for the Korean leviathan to preserve its dominance in India.

September 23, 2014 by

Another Samsung business sees profits plummet

Samsung Electro-Mechanic, a component making affiliate of Samsung Group, saw its second quarter profit tumble year-on-year due to weak smartphone sales of primary client Samsung Electronics, reports ZDNet Korea’s Jeong Hyeon-jeong.

July 29, 2014 by

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