Galaxy S6 smartphones don't ring true for Samsung Electronics' profits

Company reports fifth straight quarterly profit drop as the Galaxy S6 series fails to reverse its declining fortune in smartphone industrySamsung Electronics has reported a fifth straight quarterly profit drop as the Galaxy S6 series of smartphones failed to reverse its declining fortune in the industry.Samsung’s April-June net income was 5.8tn won (US$5bn/£3.2bn), down 8% from 6.3tn won a year earlier. Continue reading...