The smartphone leader has posted a record profit in six of the past seven quarters but may find it hard to extend its winning streak without a new hit gadget, after less-than-spectacular launches of its Galaxy Gear smartwatch and Galaxy Round curved phone in recent months.
Samsung forecast on Friday that strength in its bread-and-butter chip business would continue in the current quarter, while growth in smartphones would slow due to intensifying competition during the year-end holiday season.
"Samsung has done well, having rapidly caught up with Apple in the smartphone market. But I'm concerned whether Samsung would be able to do better," said
"Like Nokia, Samsung may hit a limit in increasing market share. Apple is also fighting back, signaling an uphill battle for Samsung. Samsung needs to show its new growth engines to revive momentum in its stock price."
Shares in Samsung traded unchanged after the earnings announcement versus a 0.3 per cent decline in the wider market.
The South Korean firm expected smartphone shipments would grow at around one to five per cent in the current quarter from the previous quarter, while selling prices would remain unchanged or increase slightly.
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