Samsung Galaxy Smartphones Decreased Demand

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Samsung Galaxy Smartphones Decreased Demand

Samsung Electronics is one of the Korea’s top electronics company which was founded in 1938. It has grown from small business to be one of top leading electronics and Technology in the world. It makes many kinds of consumer devices, including DVD players, digital TVs, and digital still cameras; computers, color monitors, LCD panels, and printers; semiconductors such as DRAMs, static RAMs, flash memory, and display drivers; and communications devices ranging from wireless handsets and smartphones to networking gear. However, they are mostly popular for their Smartphones (Galaxy), which is considered as one of its mains products. Samsung Galaxy includes categories such as Galaxy Note series, Galaxy Tab Series and Galaxy S series.

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Samsung from several years are relaying mostly on its smartphones sale to maximizing its profit, as other products sales are showing decline such examples include home appliances and LCD TV. Unfortunately, currently Samsung are struggling to sustain their sales and profit from Galaxy smartphones. Samsung profits have been on declining demand since 2013. Despite the company being the greatest in the world when it comes to production of smart phones, the pressure that it continues to receive from the market can no longer be denied.

In this year second quarter Samsung Galaxy smartphones have shown even huge profit and demand drop for its smartphones. As you can see below the chart clearly shows the Samsung profit have been going down from year 2013 and was worst in the second quarter of this year.