Samsung slumps to 10-month low after Galaxy S6

The stock dropped 3.2 percent to 1,104,000 won on Monday, its lowest since Oct. 28. Samsung has fallen 17 percent
this year and is headed for its third straight annual decline.

Samsung Electronics Co Ltd (005930.KS) on Korea Stock Exchange  - 1,131,000.00KRW - 11:40am IST (Beta: 0.92)

“Last week’s unpacking event was very disappointing,” said Yoo Eui Hyung, an analyst with Dongbu Securities Co. in
Seoul. “We should now admit that new smartphones are no longer a thing that can reverse the profit decline.”

Samsung unveiled the Galaxy Note 5 and S6 Edge Plus with a wraparound screen last week as it tries to revive profit
growth and regain sales from Apple and Chinese producers Xiaomi Corp. and Huawei Technologies Co. The 5.7-inch
(14.5-centimeter) screens and addition of a mobile payment service are meant to help Samsung stand out from the
array of inexpensive devices using the same Android operating system.

Samsung earnings have fallen for five straight quarters. Second-quarter profit missed analyst estimates after the
company misjudged market demand for its S6 devices, which prompted Samsung to cut prices for the four-month-old
devices.