Saturday, May 24, 2014

Samsung Electronics recently lost smartphone market share for the first time in four years, but that only has the Korean tech giant working harder to maintain its place atop the mobile device world.

In an interview with the Wall Street Journal, Samsung Co-Chief Executive J.K. Shin said the company is exploring new opportunities in such emerging categories as wearable devices and enterprise mobility, which is mobility devices for corporate clients. Samsung will continue to strengthen its lineup of premium to mid-to-low-end phones, Shin told the Journals.

"I am carefully looking at consumer demand to see where there are unmet needs," he said.

Shin said that in the United States, there seems to be strong sentiment for Apple Inc.'s (Nasdaq: AAPL) iPhone devices, but that Samsung's market share has been rising.

"Shipments of the Galaxy S5 have outpaced that of its predecessor, the S4, in the U.S.," Shin said. "Despite the lack of any eye-popping technology, the enhancement of essential features seems to be appealing." Samsung's U.S. arm, Samsung Telecommunications America, is based in Richardson.



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