With profit margins slipping, ​Samsung cutting phone models and production costs by a third

With profit margins slipping, ​Samsung cutting phone models and production costs by a third:

There are major changes brewing at Samsung, reports the Wall Street Journal, and chief among those is the fact that we will be seeing far fewer Galaxy Megas, Cores, Grands, Aces and so on. Even we already lost count of those, and we doubt anyone is trying to keep up anyway, as the tens of phones that Samsung is turning every year with very minor specs and design differences to each other and even their predecessors got very confusing very quickly.

Not anymore, though, as Robert Yi, head of investor relations, confirmed during a presentation in New York that it will be cutting ...