Despite brutal new attack from Apple, Samsung says mobile business will recover

%name Despite brutal new attack from Apple, Samsung says mobile business will recover by Authcom, Nova Scotia\s Internet and Computing Solutions Provider in Kentville, Annapolis Valley

In a remarkably brief report, Reuters noted some comments made by Samsung Electronics President D.J. Lee during a press conference on Wednesday morning in South Korea. According to the report, the Samsung executive is confident that Samsung’s mobile business will recover quickly thanks to the company’s “strong fundamentals and technological prowess.” Samsung’s profit plummeted to a two-year low in the second quarter as mobile phone sales continued to slow.

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Posted in Mobile.