Samsung Electronics

Chinese smartphone market, world’s largest, shrinks in Q1: study

Chinese smartphone market, world’s largest, shrinks in Q1: study

China’s smartphone market has reached saturation, according to a new study by industry analyst IDC that carries potentially significant implications for the global handset industry led by giants like Apple Inc and Samsung Electronics Co Ltd.

Samsung runs out of steam

Samsung runs out of steam

Global smartphone leader Samsung Electronics yesterday confirmed expectations for its first annual profit decline since 2011, although a pickup in the fourth quarter hinted that earnings may have stabilised in the short term.

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