SUBSCRIBERS

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

Published Thu, Jul 30, 2015 · 09:50 PM

    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.

    The world's largest smartphone maker said net profit for the April-June period stood at 5.75 trillion won (S$6.7 billion), down from 6.25 trillion won a year ago and slightly below analyst estimates.

    Share with us your feedback on BT's products and services