The company is also seeing poor sales of its new Galaxy Round smartphone. Daily sales are reportedly under 100 units and its cumulative monthly sales fall under 10,000 units.
The related industry evaluates the purpose of Samsung’s rushed release of the Galaxy Round as not for large sales, but as a test product to earn the reputation of creating the world’s first flexible smartphone. In fact, Samsung was aware of this, and did not initiate global sales. It also decided not to produce any more units after the initial 50,000.
An industry representative said, “The Galaxy Round has a thick center because Samsung has not been able to mass produce curved batteries, and its display is not perfect with additional tempered glass, making the product thick and heavy.” Also, he added, “It shows no advantages of a flexible smartphone except its grip, which is being used as its only marketing point.”
Unlike the Galaxy Round, the Galaxy Gear did receive global marketing; however, it failed to impress reviewers.
Apple is widely expected to come out with a smartwatch of its own; however, it's said that the company is working to resolve battery life issues with the device. A recent report alleged that Apple is working on two versions of the iWatch, a 1.7-inch model for men and a 1.3-inch model for women. The device is also said to feature an OLED display; however, at this point it's unclear if it will be flexible.
Read More [via MacRumors]