Samsung's mobile phone sales decline

Apr 29, 2014, 2:10 AM EDT
Visitors look at new Samsung devices during the second day of the Mobile World Congress 2014 at the Fira Gran Via complex on February 25, 2014 in Barcelona, Spain.
AFP/Getty Images

Samsung Electronics has reported a 4% fall in sales at its mobile phone unit. Revenues in the sector fell to 33.4 trillion won ($32.3bn; £23.3bn) in the January-to-March period. But the South Korean company said operating profit for its mobile phone unit rose 18% from the previous three months, in part due to "positive impact from adjustments of one-off expenses". Samsung is the world's biggest mobile phone maker and handsets account for the bulk of the firm's profits.
Background:
Samsung's mobile phone sales decline [BBC]
Samsung posts $8.2B profit; second straight quarterly drop [CNET]

YOU MIGHT ALSO LIKE