Samsung's smartphone market share has declined in annual terms for the past two quarters, squeezed by Apple at the high end and Chinese rivals at the low end. Photo: Reuters Samsung's smartphone market share has declined in annual terms for the past two quarters, squeezed by Apple at the high end and Chinese rivals at the low end. Photo: Reuters
Samsung's smartphone market share has declined in annual terms for the past two quarters, squeezed by Apple at the high end and Chinese rivals at the low end. Photo: Reuters

Samsung Electronics warns of likely 60pc profit fall for quarter

South Korean electronics giant warns that third quarter operating profit may fall 59.7pc to 4.1tr won, its weakest quarterly showing since 2011

Topic |   Samsung Electronics
Samsung's smartphone market share has declined in annual terms for the past two quarters, squeezed by Apple at the high end and Chinese rivals at the low end. Photo: Reuters Samsung's smartphone market share has declined in annual terms for the past two quarters, squeezed by Apple at the high end and Chinese rivals at the low end. Photo: Reuters
Samsung's smartphone market share has declined in annual terms for the past two quarters, squeezed by Apple at the high end and Chinese rivals at the low end. Photo: Reuters
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