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 Electronics Co Ltd 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.
South Korea's biggest tech giant Samsung may have just revealed that global shipments for the latest Galaxy S6 models have surpassed over 10 million units in about one month, after its global release.
Samsung on Wednesday tipped further earnings improvement in the second quarter after confirming its highest profit in three quarters in January-March, but voiced some caution about the second-half outlook.
iPhone maker Apple has dethroned Samsung from the top spot on the global smartphone tally, a position that the Korean electronics giant had strongly held for over three years, research firm Gartner today said.
It has been reported that Samsung sold 40 percent fewer Galaxy S5 phones during the first three months of sale than expected.
Samsung might be facing difficulties in keeping pace with rivals but the company hasn't given up their focus to bring about innovations in the industry.
Samsung's BD Park, President & chief executive for south-west Asia, in an interview with The Economic Times, refutes all the reports and claims it still holds the No. 1 spot in India.
Samsung, the world leader in smartphones aims to set a new record next year by shipping 500 million handsets in 2013. Out of this half a billion handsets, 350
Samsung currently sits at pole position as the largest smartphone manufacturer in the world. The brand has surpassed Apple and the brand only looks to be
Technology heads, Apple and Samsung have been at loggerheads with each other over an ongoing patent ...