Samsung announces new models to challenge competition


Samsung (OTC:SSNLF, OTC:SSNGY) is planning a few new global smartphone launches to retrieve its lost market share and make up for its first quarterly net loss in almost three years.

Two high-end smartphones releases are planned within the next six months. "One model will have a large screen while the other will be built using "new materials", says SVP Kim Hyun-joon.

The company will also introduce new mid-to-low-end models to counter low-cost Chinese competition.

Comments (1)
  • ArnieW
    , contributor
    Comments (4223) | Send Message
     
    Samsung designing smartphone with new materials? Could that be smartphones with sapphire? Could the ASF's come from GTAT?

     

    Pure speculation.
    31 Jul 2014, 07:44 AM Reply Like
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