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.