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This week saw Samsung post its fifth quarterly drop in profits in a row, and the biggest drag on the company line? The mobile division, which saw profits fall by 37.6%. If Samsung's quarterly reports follow their annual cycle, Q3 is going to see another drastic fall. Will Samsung change course?
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MediaTek's (2454.Taiwan) second-quarter earnings disappointed - big time, and its shares fell 9.9% in Taipei today. MediaTek's gross margin in the June quarter was 45.9%, the lowest since the fourth quarter of 2013. In March quarter this year, its gross margin was 47.1%.
Apple's iPad grabbed a healthy portion, 24.5 percent, of those lower sales. Samsung was in second place with 17 percent, followed by Lenovo, Huawei, and LG Electronics. Apple's lead roll should give the firm little comfort as this represented a 17.9 percent drop in growth, according to IDC.…