Samsung Joins Race to the Bottom for Global Smartphone Prices
Samsung Electronics Co. is constructing the world’s largest telephone manufacturing unit in India in an effort to faucet the business’s subsequent progress space: low-cost smartphones.
After waging a decadelong battle with Apple Inc. for the world’s most prosperous customers, the South Korean electronics large is now trying to fend off Chinese language firms making an attempt to dominate the marketplace for cheap telephones. That market is twice the dimensions of the high-end market however presents decrease profitability.
Supply hyperlink – https://www.wsj.com/articles/battle-for-cheaper-smartphones-heats-up-1536062400?mod=pls_whats_news_us_business_f