SEOUL – Samsung Electronics Co Ltd <005930.KS> on Friday expected its average selling prices of smartphones to decline slightly in the third quarter, because of the growing portion of mid- and low-end smartphones.
Continue Reading Below
The South Korean company also forecast its tablet shipments would jump by slightly more than 30 percent in the July to September period from the preceding quarter.
The remarks were made by Kim Hyun-joon, vice president of Samsung's mobile business, during an earnings conference call.
(Reporting by Hyunjoo Jin; Editing by Jacqueline Wong)