Samsung Quarterly-earnings

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Samsung reports fifth straight drop in quarterly earnings as Galaxy S6 fails to reverse decline
News & Analysis

Samsung reports fifth straight drop in quarterly earnings as Galaxy S6 fails to reverse decline

Samsung Electronics reported Thursday a fifth straight drop in quarterly earnings as the Galaxy S6 failed to reverse its declining fortunes in the smartphone industry.

Samsung Q1 net profit falls 40 percent as smartphone sales slump
News & Analysis

Samsung Q1 net profit falls 40 percent as smartphone sales slump

Facing increasing competition from arch rival Apple and smaller Chinese manufacturers, the world's top handset maker reported a net profit of 4.6 trillion won ($4.3 billion) for the January-March period, down 38.9 per cent from a year earlier.