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Samsung to Decline Further Through 2015

News by Luke Jones on Friday January 23, 2015.

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While Samsung's slide has not reached crisis point in terms of market share and sales, it is certainly at crisis point within the company. Insiders know this is more than a slump, it is a trending slide that needs to be dealt with now or it will never stop. The Galaxy S6 is being viewed as the new dawn, a device created from the drawing board and taking the company in a while new direction. However, according to analysts, Samsung's slide will continue even if the S6 is a success, which honestly it almost certainly will be.

In 2014 Samsung's revenue fell 32.2% and now analysts are predicting a general slump of a further 6% in 2015. Last year got so bad that Samsung conceded huge market share to the likes of Apple and Xiaomi in China and South Korea. The Korean Herald has pointed to several sources and says that Samsung's waning influence in Smartphones will be offset by the companies Exynos chip making business, which ironically is going from strength to strength.

source: Korean Herald

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About the author

Luke Jones
Luke Jones is the Managing Editor at MobileBurn.com and is the person you need to speak to about the content on the site. Luke studied creative writing at degree level before carving out a reputation as a freelance tech writer. He settled here at MobileBurn, where he reviews devices and contributes to the news, as well as overseeing the site's content and direction.

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