The latest third quarter sales announcement showed that Samsung had a 26% jump in profit by both sales of smart phones and memory chips. Profit margins have been at historic highs, which made me concerned whether Samsung could do it better or not. Its rapid rise could see that it was becoming the biggest smartphone maker all around the world.

The LS asset management, Kim Sung-soo said, “Like Nokia, Samsung may hit a limit in increasing market share. Apple is also fighting back, signalling an uphill battle for Samsung.” As known, Apple is one of the biggest competitor compared with Samsung in smart phone market. I think that the increasing competition is not a problem to stop the growth of Samsung. More innovative products can help it to sustain the growth rate.

By the way, this just makes me remind of something related. On October, 2013, Samsung Electronics has apologized to Chinese consumers because there was a quality problem with those products which were sold in China. Undeniably, China has become a massively important market for many global brands, including Apple and Samsung. Samsung decided to provide free repairs to solve this problem and I think actually this thing did not exert many negative effects on the growth of sales of Samsung.

Reference: http://www.bbc.co.uk/news/business-24665480

http://www.bbc.co.uk/news/business-24634589