Why Samsung Is Decreasing the Number of Phones It Sells

The transcript discusses Samsung's strategic shift in the mobile phone market, focusing on reducing SKUs to compete with Apple and Chinese manufacturers. It highlights Samsung's declining market share and profit margins compared to Apple. The conversation shifts to Samsung's semiconductor business, its past relationship with Apple, and potential growth in the Internet of Things (IoT) sector. The discussion also touches on Samsung's exploration of virtual reality and connected appliances as new growth areas.

What are the implications of the connected appliances trend for Samsung's product strategy?

What potential does the Internet of Things hold for Samsung's future growth?

How does the average selling price of Samsung's chips compare to that of Apple's?