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"Samsung has reported a downturn in mobile phone sales for the first time in years. The company&amp;#039;s latest financial results reveal that the division saw a decline of 4% with a revenue of 33.4 trillion won (\u00A323.3bn) during the period ending in March.  However, the world&amp;#039;s biggest phone maker was quick to point out that operating profit in its mobile department rose by 18% compared to the previous quarter. Samsung&amp;#039;s net profit reached 7.57 trillion won (\u00A34.4bn) during the period in question, up from 7.3 trillion won (\u00A34.2bn) in the previous quarter. The firm&amp;#039;s Galaxy range has helped it emerge as a leader in the smartphone sector, but competition from low-cost rivals has eroded its stranglehold on the market. Samsung predicts that the mobile phone market will continue to contract in the coming quarters as more devices saturate the market, but is banking on recouping its losses through its TV business and sales of its flagship Galaxy S5 smartphone. "^^<http://www.w3.org/2001/XMLSchema#string>
<http://www.digitalspy.com/tech/samsung/news/a567851/samsung-reports-dip-in-mobile-phone-sales-for-first-time-in-years/>