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Samsung slashes 2014 smartphone sales expectations even further

Samsung Smartphone Sales Expectations 2014

If you need any more proof that the volatile, competitive smartphone market doesn’t play favorites, take a glance at Samsung’s smartphone expectations for next year. ETNews reports that Samsung has lowered its projections from 360 million unit shipments down to 330 million, the second major reported cut for the South Korean company in the past two months. What was originally expected to be a year of at least 25% growth for Samsung’s handset business has now been whittled down to just 14%. The report also says that this is an internal downgrade and that “the issue is not fixed yet,” but it isn’t unexpected — Samsung is focused on finding new product categories that might help offset the inevitable slowdown in smartphone sales.

Jacob started covering video games and technology in college as a hobby, but it quickly became clear to him that this was what he wanted to do for a living. He currently resides in New York writing for BGR. His previously published work can be found on TechHive, VentureBeat and Game Rant.

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