The profit of the biggest
mobile phone and TV maker, Samsung will fall down, leading to Digital
Marketing Agency reported.
However, that lost profit news
of Samsung right now is just a prediction, the more detail of this issue, the
South Korean Company will publish full financial result later this month.
One more thing, the mobile
division is the biggest business of Samsung and it meets the important
competitors such as Apple and Chinese smartphone-makers Xiaomi and Lenovo.
As the firm said, “quarterly
sales amounted to 47tn won, which was below analyst estimates for 50.3tn won”.
“Smartphone shipments increased
marginally amid intense competition,” Samsung said in a statement.
“However, the operating margin
declined due to increased marketing expenditure and lowered average selling
price”.
The company also said it is “preparing
new smartphone line-ups featuring new materials and innovative designs, as well
as a series of new mid-to-low end smartphones”.
No comments:
Post a Comment