Samsung Reports Lowest Annual Profit In Three Years Due To Lagging Smartphone Sales
January 28, 2015 at 21:00 PM EST
Samsung Electronics reported its lowest annual profit since 2011 during its earnings call today as its smartphone sales continue to suffer from increasing competition. In 2014, the company’s profit was 25 trillion won, a 32 percent drop from a high of 36.8 trillion won in 2013. Read More
