Samsung to investors: Don’t worry, we’re releasing even more phones

BY GreenBot Staff

Published 31 Jul 2014

Samsung has had a rough go of things lately, reporting its first year-over-year profit drop in three years a large stock sell-off by investors.

The solution? More phones, of course.

According to The ll Street urnal Samsung senior vice president for mobile communications Kim Hyun-on told investors during an earnings call that one model will have a large screen (not unheard of in the world of Samsung) while the other will feature “new materials.”

A large-screen phone certainly isn’t a surprise, as Samsung makes the popular Galaxy Note 3 phablet is expected to release the sequel within the next couple months. The promise of “new materials” matches an earlier report that Samsung was working on a higher-end version of one of its Galaxy devices to better complete with the forthcoming ione 6.

Kim also said during the call that Samsung will introduce more mid- low-range devices.

Samsung is well-known for introducing a large diversity of phones tablets, this year releasing the Galaxy S5, Galaxy S5 Active, Galaxy Note 3. It isn’t afraid to try practically any phone configuration, as the company also sells the Galaxy Mega, which has a 6.3-inch screen.