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Samsung Electronics cautious on outlook, says mobile business environment tough| Reuters

Jul 30, 2015    

SEOUL Samsung Electronics Co Ltd (005930.KS) offered a downbeat outlook for the third quarter after April-June profit dropped on a supply shortage for one of its main smartphone models, underscoring continued headwinds for the tech giant.Samsung remained the world's top smartphone seller in the second quarter, but investors and analysts say the South Korean firm's inability to meet demand for its curved-screen S6 edge smartphones likely cost the firm in April-June.Second-quarter operating profit fell 4 percent to 6.9 trillion won ($5.9 billion), matching an estimate issued by the company early...

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