Samsung will cut Galaxy S6 prices to boost demand, improve sales

Samsung’s Galaxy S6 and S6 Edge smartphones may have debuted to strong reviews and positive ratings, but a combination of manufacturing delays and consumer apathy appears to have killed most of the phone’s forward momentum. Earnings in the smartphone business were down again year-on-year, though the company as a whole was buoyed by increased foundry sales. Samsung’s operating profit for the year-to-date fell from 15.68 trillion KRW (South Korean Wan) in 2014 to 12.88 trillion KRW in 2015. That works out to roughly $10.9 billion in operating profit, which is nothing to sneeze at, but it’s still a decline that the company is keen to reverse.