Apr 8, 2014
Samsung Electronics shifts focus to costs, cheaper phones as first quarter profit seen falling
Samsung Electronics shifts focus to costs, cheaper phones as first quarter profit seen falling
By Se Young Lee SEOUL (Reuters) – Samsung Electronics Co Ltd is expected to report its second straight quarter of profit decline as its high-end smartphone business loses steam, a trend likely to sharpen the firm's focus on costs and the cheaper phone market. The world's biggest smartphone maker is counting on the fifth version of its flagship Galaxy S smartphone, which goes on sale globally …
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