Samsung puts focus on premium products

• Samsung Electronics (OTC:SSNLF) will use more premium materials in mobile devices to win customers and offer a wider range of connected devices after being recently dethroned by Apple as global smartphone sales leader.
• The plan includes more smartphones with metal casings, slim designs and high-definition displays, Co-CEO Shin Jong Kyun said at the company’s annual shareholder meeting in Seoul today.
• Samsung's unveiling of new Galaxy S6 phones this month and signs of strong early demand has spurred a stock rally on expectations the company can revive earnings and stem the slide in market share.
• Update: Shareholders have approved a plan to increase the company's dividend payout for 2014 by 40% compared with a year ago.
• Related: Universal Display +6%; Samsung reportedly ups S6 production (Mar. 12 2015)