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Samsung's Q2 profit falls 8% as mobile unit's earnings slump

Less-than-stellar sales prompt electronic giant to promise flexible pricing of new flagship smartphone
Friday, July 31, 2015 - 05:50

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Samsung Electronics' Galaxy S6 and S6 edge smartphones with a wraparound screen received rave have reviews, but company predictions of record sales fell short of expectations, partly due to production and supply constraints.

Seoul

SOUTH Korean giant Samsung Electronics posted an 8 per cent fall in second-quarter net profit on Thursday and promised "flexible" pricing of its new flagship smartphone after less-than-stellar sales contributed to a slump in its mobile unit's earnings.

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