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Sluggish sales of the flagship Galaxy line, along with continued pressure from Chinese manufacturers, among which Xiaomi, and increased competition from the company's arch rival, Apple, are cited as the three main reasons behind the earnings slide in Samsung's camp. Year-on-year, in 2014 Samsung's operating income dipped 32.2%, down to 24.9 trillion won (~$22.96 billion), and analysts now forecast that 2015 will bring about a further 6% drop.
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Sluggish sales of the flagship Galaxy line, along with continued pressure from Chinese manufacturers, among which Xiaomi, and increased competition from the company's arch rival, Apple, are cited as the three main reasons behind the earnings slide in Samsung's camp. Year-on-year, in 2014 Samsung's operating income dipped 32.2%, down to 24.9 trillion won (~$22.96 billion), and analysts now forecast that 2015 will bring about a further 6% drop.If these predictions pan out, Samsung's position will be further diminished, and despite the generally very positive Galaxy Note 4 reviews ...
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