Samsung Struggles to Dial Up Growth as Google’s Pixel Shines — Panjiva
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Samsung Struggles to Dial Up Growth as Google’s Pixel Shines

China 3049 Info Tech - Comms Equip 262 Info Tech - Tech Hardware 862 South Korea 605 Taiwan 231 U.S. 5400 Vietnam 412

Smartphone maker Samsung Electronics provided guidance that its earnings would be 9% better than analysts were expecting. Phone sales may not have been a significant driver of this. U.S. imports of handsets from South Korea and Vietnam combined, a proxy for Samsung’s factories, were 7% lower than a year earlier in May, and 16% lower for the past three months. That lagged the 8% growth seen for the whole industry, suggesting its models, including the new S8, are not proving wildly popular. Average handset values may have been improving for Samsung, however, with a 13% increase in April...

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