Apple competitor and smartphone arch nemesis Samsung on Thursday local Korea time reported quarterly profits for the second quarter dropped 8 percent from the same time last year, a dip largely blamed on abysmal performance from its mobile unit. Samsung announced a miss for the quarter ending June with profits capping out at 5.75 trillion Korean won ($4.9 billion), down 8 percent year over year. Contributing to the poor showing was a drastic drop in mobile profits,...
7/29/15 at 7:02pm
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