[Reuters] Samsung Electronics second-quarter misses forecast as smartphone worries deepen

Posted by: UGN Security

[Reuters] Samsung Electronics second-quarter misses forecast as smartphone worries deepen - 07/04/13 08:02 PM

SEOUL (Reuters) - Samsung Electronics Co Ltd missed already modest expectations for its quarterly earnings guidance on Friday, deepening worries that its smartphone business may have peaked, as growth in sales of its blockbuster Galaxy phones begins to wane and new rivals emerge to eat away at its market share.