Samsung’s Mobile Division Faces Ultimate Purgatory, Set To Earn Just 1% Of What Its Semiconductor Arm Will Pocket This Quarter

The growing disparity in the relative strength of Samsung's various divisions is now becoming quite extreme, with its mobile division continuing to languish in ultimate purgatory, even as its semiconductor division keeps soaring, living the good life, so to say. Samsung will earn negligible profits from its mobile division on a relative basis in Q2, establishing a troubling hierarchy of haves and have-nots under the same proverbial roof According to the tipster Ice Universe, Samsung's mobile division is likely to report a quarterly profit in Q2 that is just around 1 percent of that expected to be reported by its […]

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