Unofficial reports indicate a combination of manufacturing
delays and consumer apathy appears to have killed most of the phone’s
forward momentum. Earnings in the smartphone business were down again
year-on-year, though the company as a whole was buoyed by increased
foundry sales. Samsung’s operating profit for the year-to-date fell from
15.68 trillion KRW (South Korean Wan) in 2014 to 12.88 trillion KRW in
2015. That works out to roughly $10.9 billion in operating profit, which
is nothing to sneeze at, but it’s still a decline that the company is
keen to reverse.
What would a price decrease by Samsung do to consumer demand? Let us know your perspective here at the Smartphone and Tablet Zone.
What would a price decrease by Samsung do to consumer demand? Let us know your perspective here at the Smartphone and Tablet Zone.
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