Samsung's Q4 Profit Sags amid Smartphone Woes

Samsung seems to know what’s ahead for the global markets, thereby investing accordingly.  They should be O.K.

From Yonhap:

 the world's top maker of smartphones, reported a weak fourth-quarter bottom line Friday with its quarterly profit dipping for the first time in more than two years amid concerns over a slowdown in smartphone sales.

Samsung Electronics attributed the yearly improvement to higher sales in memory chips and organic light-emitting diode panels, which boasted robust performance amid the prolonged economic slump.

The company said it has also maintained more than a 30 percent market share in major markets, with the number of tablet PC sales growing twofold in 2013 from the previous year.


The tech giant also held market dominance via cutting-edge devices such as the Galaxy Gear smartwatch, which features a 1.63-inch screen and a 1.9 megapixel camera on the strap, and connects to Samsung's Galaxy smartphones and other gadgets via Bluetooth technology.

 http://english.yonhapnews.co.kr/business/2014/01/24/56/0501000000AEN20140124001252320F.html