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Thursday, October 30, 2014

Samsung re-thinking its smartphone strategy, may shrink the Galaxy portfolio a bit

Samsung re-thinking its smartphone strategy, may shrink the Galaxy portfolio a bit: Samsung has had a tough year in the mobile business, no doubt. The company's Q2 and Q3 financial reports show revenue going down as its facing serious competition from companies like Xiaomi in China, and now Apple, in Sammy's home – South Korea. The handset market has become a highly competitive place, where most of the big players have started to bleed money, and Samsung has inevitably joined the wounded.



A couple of months ago, we heard about Sammy planning to cut expenses and tighten its belt a little. Now, after the Q3 report shows only a slight rise in handset sales, and a significant ...


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