Samsung restructuring could remove J.K. Shin as head of mobile

* Samsung's current head of its mobile division, J.K. Shin, is in danger of losing the position according to a report published today. Samsung has seen its profits and stock price decline, and the flagship Samsung Galaxy S5 did not wow smartphone buyers as much as previous iterations of the model had. With Samsung losing market share in the global smartphone market, third quarter earnings were 60% lower than the amount reported the prior year. Additionally, the company sold 40% fewer Galaxy S5 units than expected. For the three months after April, the company sold 12 million Samsung Galaxy S5 handsets ... *



from PhoneArena http://ift.tt/1uZVwZl

via http://ift.tt/1uZVwZl
Share on Google Plus
    Blogger Comment