NEW YORK: Samsung unveiled two new smartphones Thursday to ramp up its efforts to win over consumers seeking large-screen handsets, and announced launch dates for its mobile payment service. The moves are aimed at keeping the South Korean giant atop the global smartphone market and countering US rival Apple, which has made gains with its large-screen iPhone 6 and 6-Plus and its tap-to-pay feature. At a New York media event, Samsung unveiled its Galaxy S6 edge+, the latest update for its flagship device, and Galaxy Note5, its main device in the "phablet" market.
Seoul (AFP) - Samsung said on Thursday it expected its new flagship smartphone to shatter sales records and pull the company out of a recent profit slump that saw it lose ground to arch-rival Apple and cheaper Chinese makers.
SEOUL, SOUTH KOREA: Samsung Electronics Company forecast a fall in second quarter profit in a sign that sales of its much anticipated Galaxy S6 smartphones failed to meet expectations. Samsung on Tuesday estimated its second quarter operating profit at 6.9 trillion won ($6.1 billion), down 4 percent from a year earlier. The result represents a 15 percent gain from the previous quarter but it was lower than the 7.23 trillion won forecast in a FactSet survey of analysts.