Hirunews Logo
Samsung+to+focus+on+premium+TVs%2C+chips
Friday, 31 July 2015 - 12:29
Samsung to focus on premium TVs, chips
10

Shares
1,294

Views
Samsung Electronics hinted at cutting prices of its flagship smartphones later this year, pledging to focus on premium TVs and chips for more profits.

The Korean tech giant announced an 8 per cent drop in second-quarter net profits at the company’s conference call on the day as its smartphone business remained sluggish on lackluster Galaxy S6 sales.

Net income came to $4.95 billion in the April-June period, 7.97 per cent down from 6.25 trillion won a year earlier.
Make a Comment
Make a Comment

DOWNLOAD HIRUNEWS APP ON ANDROID & APPLE