Sihai network

Samsung Electronics may withdraw from the smartphone market in the fifth consecutive quarter

Sihai technology channel, January 10 - Samsung's mobile phone business is losing ground in the global market due to the double encirclement and suppression of high-end apple and low-end Xiaomi in the smartphone market. Under the bad influence of the air sea tactics, Samsung's profit in the fourth quarter of 2014 has declined by 39% compared with the same period in 2013, to $4.55 billion. The data also indicates that Samsung's profit has declined for the fifth consecutive quarter.

Samsung mobile phone sales in Europe not only dropped the largest, but also in Chinese mainland dominated Asia market, which was 28.6% sharp decline. Compared with the 16.2% market share of Xiaomi mobile phone, the 13.3% data of Samsung mobile phone can only make consumers less and less confident in Samsung mobile phone. According to the analysis of industry analysts, Samsung mobile phones, which have been in the state of inventory clearing since the third quarter of 2014, are just beginning to deteriorate in the Chinese market.