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Video: Samsung Electronics Faces Falling Profits As Succession Looms

By Clip Syndicate

Smartphone leader Samsung Electronics Co Ltd faces a third straight quarter of profit decline that could become a fourth as cheaper models grab a bigger share of a slowing market and Apple Inc readies the launch of its iPhone 6. Samsung Electronics' woes, exacerbated by a won that has risen to a six-year high against the dollar, come at an awkward time for the flagship of South Korea's largest conglomerate.




Related Keywords:Apple Inc, South Korean won, Android devices, Business News

Source:Wochit. All Rights Reserved
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