Archean
Posts: 5,650 +102
A drop in Galaxy S4 sales causes Samsung to plan a strategic conference with investors
Apparently, Samsung's mobile profits have dropped around 13% over the past three months, and that has investors getting a bit antsy. The thinking is that the high-end smartphone market, where Samsung has been pulling in the majority of its profits, has been saturated. The low-end market, especially in emerging markets is where the big growth opportunities are for smartphones, but it is also a more difficult segment from which to generate profits.
Also factor in the emerging threat from Chinese OEMs and things just doesn't look as rosy for the Koreans. In addition to that even in India, the emergence of local brands mean there is trouble in the making in that market as well.
Apparently, Samsung's mobile profits have dropped around 13% over the past three months, and that has investors getting a bit antsy. The thinking is that the high-end smartphone market, where Samsung has been pulling in the majority of its profits, has been saturated. The low-end market, especially in emerging markets is where the big growth opportunities are for smartphones, but it is also a more difficult segment from which to generate profits.
Also factor in the emerging threat from Chinese OEMs and things just doesn't look as rosy for the Koreans. In addition to that even in India, the emergence of local brands mean there is trouble in the making in that market as well.
