Samsung warns profit to fall 60%
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Samsung warns profit to fall 60%
1–10 of 118 posts
Re: Samsung warns profit to fall 60%
#2Moore is less, I guess? People holding on to older phones longer.
Re: Samsung warns profit to fall 60%
#3Moore is less, I guess? People holding on to older phones longer.
Or buying cheaper phones. A Xaomi phone can suit a user's needs just as well as a $999 Samsung S10+.
Re: Samsung warns profit to fall 60%
#4Signals to the end of an era, smartphones have matured and are becoming ubiquitous like laptops. Moreover, the most profitable smartphones belong to Apple which held 86% of smartphone profits generated in the industry in 2018. Samsung was competing more in the mid to affordable segments so it was bound to start losing once others started catching up, especially since its Chinese competitors are basically giving up profits for growth in the affordable to medium segments.
https://appleinsider.com/articles/18/04/17/apple-grabs-86-of...
Re: Samsung warns profit to fall 60%
#5Samsung's problems are just beginning. They're getting destroyed on every front, and basically all comes from China.
On the phone front, they were used to selling phones at premium pricing only relying on their brand name. You don't have to look past Nokia or Blackberry to see how that will end. They're not really innovative, and while their devices are generally quality, they've pushed the price point too high. Xiaomi does 90 percent of it for 30 percent of the price. Huawei does 200 percent for about the same price.
On the chip front, TSMC has been outpacing them for years, and is getting all the contracts.
The only thing I can think of that Samsung does better than anyone else is OLED, and others are catching up very quickly.
I think Samsung will join the ranks of HTC and LG as also rans in short time...
Re: Samsung warns profit to fall 60%
#6Comments here are out of their mind. Samsung's smartphone business hasn't been a profit center for quite some time. Majority of profit came from DRAM and NAND, and profit fall is directly attributable to recent price crash of both.
Re: Samsung warns profit to fall 60%
#7Samsung's problems are just beginning. They're getting destroyed on every front, and basically all comes from China. On the phone front, they were used to selling phones at premium pricing only relying on their brand name. You don't have to look past Nokia or Blackberry to see how that will end. They're not really innovative, and while their devices are generally quality, they've pushed the price point too high. Xiao…
Samsung is undisputed leader in DRAM and NAND.
Re: Samsung warns profit to fall 60%
#8Comments here are out of their mind. Samsung's smartphone business hasn't been a profit center for quite some time. Majority of profit came from DRAM and NAND, and profit fall is directly attributable to recent price crash of both.
What caused a price crash of both DRAM and NAND??
Re: Samsung warns profit to fall 60%
#9Samsung's problems are just beginning. They're getting destroyed on every front, and basically all comes from China. On the phone front, they were used to selling phones at premium pricing only relying on their brand name. You don't have to look past Nokia or Blackberry to see how that will end. They're not really innovative, and while their devices are generally quality, they've pushed the price point too high. Xiao…
Samsung is really reminding me of Sony.
Re: Samsung warns profit to fall 60%
#10Comments here are out of their mind. Samsung's smartphone business hasn't been a profit center for quite some time. Majority of profit came from DRAM and NAND, and profit fall is directly attributable to recent price crash of both.
What caused a price crash of both DRAM and NAND??
Oversupply.