Samsung posted its Q2 financial results also this week, reporting week profits amidst increasing unit shipments. The handset unit posted sales of $6.78 billion in the quarter, down 5% from the previous year. Samsung shipped 63.8 million handsets in the quarter, up 22 percent from the 52.3 million it shipped in the year-ago period. However, the company said that its average selling price–which it did not disclose–fell due to intense pricing pressure and a less favorable product mix.
The company expects to see rising demand in the second half of the year with its release of the Galaxy S handset on all four Tier 1 US carriers.
Source: WSJ
Mickey Papillon
Joey Koppes
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