Samsung plans strategy conference when Galaxy S4 sales stumble - The second quarter of 2013 has not gone as smoothly as Samsung had hoped. Consistent with Reuters, the Southern united states Korean electronics conglomerate plans to carry a strategic conference on November 6th in response to shares falling 13% because April. Many factors have led for this dip, disappointing sales of the Galaxy S4 chief among them. Reuters mentions which mobile sales build up two-thirds of Samsung’s profits, thus investors’ doubts are understandable.
This really is the first significant strategy conference Samsung has held in many a long time, and the company plans to invite greater than Four hundred investors and analysts in an effort to discuss long term plans. Those plans doubtless embrace the Galaxy Gear smartwatch and the Galaxy Note III, that were revealed at Samsung’s “Unpacked” press conference on Wednesday. The event in November is notable for becoming the first of its kind because Sang-Hoon Lee took more than as president of Samsung Electronics.
“It’s been a whilst because we last communicated our longer-term business arrange, which year’s event is largely aimed at discussing our latest strategy and eyesight for 2020, ” a Samsung government mentioned.