By John Glenday

Samsung’s decline has continued in its latest quarterly financial report which confirmed the South Korean electronics firm had notched up its seventh straight quarter of declining profits amidst disappointing sales of its Galaxy S6.

With the firm struggling to compete amidst increasing competition from the likes of Xiaomi reports suggest that it may introduce price cuts for its flagship Galaxy S6 and S6 Edge range in a bid to drum up interest.

Over the second quarter Samsung’s net profit dropped to 5.75tn won, an eight per cent decline on the equivalent figure from a year ago, driven southwards by a 37.6 per Read full story ›

Source: The Drum