Samsung once again awaits a tough year. Competition in the field of smart phones, televisions and memory chips intensifies. In addition, economic growth is expected to remain weak globally, which will weigh on the sales performance of the South Korean company
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Vice Chairman Kwon Oh Hyun said Monday it is expected that the competition will be fiercer than ever. He also emphasized that the industry at the fastest pace ever changing. Innovative business models, thereby overcoming traditional variants. Also said Oh Hyun that the company ‘steps’ must be put in the field of software.
The largest listed company in South Korea lost last year more than $ 8 billion in market value. Under more sales of smartphones from Samsung lagged behind those of rival Apple, while the South Koreans also facing competition from China expected its annual profit to come in at the lowest level in four years
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