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Samsung Electronics Enters Emergency Mode after Posting Disappointing 2Q Results

SEOUL, Aug. 1 (Korea Bizwire) — Samsung Electronics has entered an “emergency mode,” following the mediocre sales performance of the Galaxy. Some within the company are talking about the possibility of a downsizing or a major reshuffling. In a leader-less situation, Samsung’s state of panic is getting more serious. As expected, the second-quarter financial results released on July [...]

Samsung and Apple Devices Dominate Smartphone Device Model Top 20, According to ABI Research

LONDON, July 7, 2014 (Korea Bizwire)–Samsung and Apple account for the majority of the top 20 smartphone models sold worldwide in Q1 2014. Heavily marketed flagship devices like the iPhone 5s 16GB and Samsung’s Galaxy S4 i9500 16GB top the rankings. “Samsung’s dominance is driven by its market leading 27% market share and despite Apple’s [...]