HTC, Samsung, Apple Losing Momentum With High-End Products

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HFA Staff
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Worries that after years of strong sales, the smartphone market may be saturated are weighing down cellphone makers like Samsung Electronics Co., Ltd. (LON:BC94) (KRX:005930) and HTC Corp (TPE:2498), both of which released discouraging numbers on Friday. Despite registering a 47 per cent jump in profit and selling a large number of Galaxy S4 smartphones —10 million in the month of May — Samsung Electronics Co., Ltd. (LON:BC94) (KRX:005930) saw its stock fall after the South Korean company warned it won’t be able to grow sales as quickly as it has in the past. Samsung shares are down 16.75 percent this…

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