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Samsung Electronics Cautious On Second Half; Capital Returns Disappoint

Ron Burgundy

By Ron Burgundy,
in Tech News

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Ron Burgundy Omniscient Member

Ron Burgundy

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A man stands next to a banner promoting Samsung Electronics' smartphone Galaxy 6 at a store in SeoulBy Se Young Lee SEOUL (Reuters) - Samsung Electronics Co Ltd on Thursday offered a downbeat outlook for the second half of the year as smartphone market growth slows and ahead of the expected release of new iPhones from arch rival Apple Inc . Samsung's dominance is being chipped away at the low-to-mid end by Chinese rivals such as Huawei Technologies Co Ltd [HWT.UL] and in the premium segment by Apple, while some markets show signs of saturation. Researcher TrendForce last week cut its 2015 global smartphone market growth forecast to 8.2 percent from 11.6 percent earlier.




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