Samsung loses out to cheaper smartphone rivals

Jan 08, 2015, 06:18 PM

Electronics giant Samsung has warned its profits will suffer in the face of competition from cheaper smartphone makers, especially in the world's biggest market for the handsets, China. The company has recently lost ground to its Chinese rival Xiaomi, which last year tripled its 2013 sales. For more on that story we spoke to the technology writer, Rupert Goodwins of ZD-Net.