A breaking news to all of Samsung Phone fanatic as they announced a great news for buyers though maybe a sad news for the maker.
Samsung Electronics Co. Ltd as reported in Seoul, Korea having been a blast with hitting No.1 in the market for the past 4 years due to the success of their smartphones competing Apple Inc. The korean technology giant will have to go in the same pace as the rest of the phone makers in the industry competitors like Xiaomi Inc. and Huawei Technologies Co. Ltd forced Samsung to slash prices.
Ben Thompson, Analyst at Stratechery.com of Taipei says, "The writing has long been on the wall for any premium Android maker: as soon as low end hardware became 'good enough,' there would be no reason to buy a premium brand,".
After the launch of Galaxy S6 whic was expected to hit market margins as seen in data showed that as of second quarter of 2015 from 15.5 percent fell to 10.6 percent only.
Apple though still remains the giant especially regarding hardware in US industry for premium market and will leave Samsung leaps away.
This will create big impact on Samsung but for the love of gadget this is one heck of a good news!
