These aren’t easy days for Samsung Electronics.
The company may be the world’s dominant smartphone maker and the most powerful member ofGoogle’s Android partner ecosystem, but massive market share is no insulation against accelerating shifts in a sector already known for consuming its own.
Samsung this week released advance performance estimates for its most recent quarter they fell short of analyst projections. In the final three months of 2013, Samsung Electronics Co., a subsidiary of theSamsung Group conglomerate, booked 8.3 trillion won (US$7.8 billion) in revenue, down 18.6 per cent from third quarter 2013 results and off 6.1 per cent from Q2 2012, when the company took in 8.84 trillion won, or $8.3 billion.
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