Samsung delays Tizen launch in Russia

|About: Samsung Electronics Co., Ltd. (SSNLF)|By:, SA News Editor

Samsung (OTC:SSNLF, OTC:SSNGY) has postponed the launch of the Samsung Z (featuring the new Tizen operating system) which was scheduled to go on sale in Russia during the third quarter of this year.

The company did not give any future timing to the launch, but cited the need to "further enhance the Tizen ecosystem."

The delay will be costly to Samsung, which reported softer numbers and missed second-quarter estimates earlier this month.