The company's overall earnings drop during the April-June quarter was 8 per cent but it reported a much bigger decline of 38 per cent in the mobile division's income.
Samsung said the Galaxy Note Edge, which has a curved side screen that serves as a second screen to display information, will start going on sale in late October.
According to market research company Canalys, Xiaomi sold 15 million smartphones in China during the second quarter, more than a three-fold surge from a year earlier.
Samsung Electronics' net income for the April-June quarter dropped 20 per cent to 6.3 trillion won ($6.1 billion) from 7.8 trillion won a year earlier. Sales fell 9 per cent to 52.4 trillion won while...
The Galaxy smartphone maker said its net earnings for the October-December period fell 11 per cent from the third quarter to $6.8 billion. It's the first time in nine quarters that profit didn't grow ...
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