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July 30, 2015 03:34 am GMT
As the company forecasted earlier this month, Samsung Electronic posted yet another drop in its quarterly profits. This marks its seventh quarterly decline in a row as the company’s smartphone unit struggles to keep up with competitors like Xiaomi. Sales of its flagship Galaxy S6 and S6 Edge also failed to live up to expectations, and the company is reportedly planning price cuts for… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/6OHK_ECqlvg/
Samsungs Profit Continues To Slide As Its Smartphone Unit Struggles
As the company forecasted earlier this month, Samsung Electronic posted yet another drop in its quarterly profits. This marks its seventh quarterly decline in a row as the company’s smartphone unit struggles to keep up with competitors like Xiaomi. Sales of its flagship Galaxy S6 and S6 Edge also failed to live up to expectations, and the company is reportedly planning price cuts for… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/6OHK_ECqlvg/
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