Investors don't seem confident in Samsung's new flagship smartphone

Investors don't seem confident in Samsung's new flagship smartphone
SEOUL (Reuters) – Doubts over the sales prospects of Samsung Electronics Co Ltd's new flagship smartphones are damping expectations of a rapid turnaround for the South Korean giant, even though profit likely continues to recover from last year's troughs.
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Shares in Chinese smartphone maker Coolpad fall sharply despite US2m
Shares of Coolpad Group, one of mainland China's leading smartphone suppliers, fell sharply in early trading on Monday, roughly a week after the company raised US$ 352 million from new investor LeTV. Shenzhen-based Coolpad saw its share price shed …
Read more on South China Morning Post (subscription)

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