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Samsung posts $8.2B profit; second straight quarterly drop

Samsung’s Galaxy S4. Samsung Samsung reported its second consecutive quarter of profit decline Monday on slackening demand for its high-end smartphones. The South Korean electronics giant reported a first-quarter operating profit of 8.49 trillion Korean won ($8.2 billion) for the three months ended March 31, a 3.3 percent decline from the year-ago period. The financial results were slightly better than …

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Samsung imaging boss: K Zoom will outstrip ‘imperfect’ S4 Zoom

Sung Hong Lim, Samsung’s imaging chief. Aloysius Low/CNET Samsung’s latest K Zoom isn’t exactly the follow-up to last year’s S4 Zoom . While it may look similar to the Galaxy S5 , the K Zoom is part of a new product category altogether, says senior vice president and head of imaging Sung Hong Lim. “The K Zoom is not just …

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