Slowing global demand for memory chips and a sluggish smartphone business are some of the factors South Korean electronics company Samsung has to grapple with. The world's top handset maker is facing fierce competition.
And that's not just from Apple, but also from cheaper market players like China's Huawei and Xiaomi. This page collates recent DW content on the company.
Who knew smartphones could be so dangerous? Samsung has recalled all Galaxy Note 7 devices after several caught fire. And the disaster has taken its toll on Samsung’s figures. Their third quarter profits are expected to fall by 30 percent.
As the smoke lifts over Samsungs burning smartphone disaster, the full extent of the damage becomes more visible. Samsung shares have dropped again this morning, bringing the loss to 11% since Monday, and analysts expect the scandal to cost Samsung $17 billion dollars in lost sales alone.
Samsung Warning: Company stops global sales and production of its Galaxy Note 7. Analyst David Buik discusses the economic impact on the South Korean company, and how this will shape the ongoing battle between Samsung and Apple for smartphone market dominance.