Tuesday, April 28, 2020
Entry level, refurbished smartphones to be in focus, once sales resume
The COVID-19 impact may rekindle the cheaper smartphone segment, which had been shrinking for the past four years, as consumers cut back on discretionary spending and buy phones only for immediate needs. https://ift.tt/2yc2dU2 https://ift.tt/eA8V8J
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Samsung reports Q1 revenue up ~10% YoY to ~$53.4B and operating profit flat YoY at ~$4.5B, above ~$3.8B est., boosted by Galaxy S25 and legacy DRAM sales (Yoolim Lee/Bloomberg)
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