Samsung profits slump

[Kevin Lancaster]

Samsung loses ground to Chinese competitors

Samsung said net profit plunged almost 20 percent in the second quarter as competition from cheap Chinese phones and the strong won saw sales slump in its key mobile business

 

[Ep27]

Too big too greedy.
Their range of devices are increasing.
They need to read the Nokia case study again.

 

[reactor_sa]

The prices are getting ridiculous. Make that, the prices ARE ridiculous. But I still love me some samsung led and smartphone - not everyone will share my warm fuzzy enthusiasm though.