About this weblog

What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.

Friday, July 30, 2010

Samsung Hit by Handset Price Competition

Despite a 22% increase in handset shipments to 63.8 million, Samsung Electronics said that sales in its mobile telecoms division fell 5% year-on-year in the second quarter to 8.45 trillion Korean won (7.12 billion US dollars). Samsung said that the average selling price of its handsets fell due to "intensified price competition and product mix adjustment." source: Samsung presentation
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