With lowered guidance, Samsung should focus on how to dominate lower cost smartphones from Chinese companies and maintain its large market share.
Asian stocks rose for a second session on Tuesday on hopes that growth in the world's second-largest economy has finally stabilized.
Chinese media reported that officers from the State Administration for Industry and Commerce visited the software giant in at least 4 cities.
Japan will be the market to watch this week on the back of key data and as earnings season in the world's third-largest economy kicks into full gear.
From China's twin factory data to a raft of corporate earnings, CNBC's Pauline Chiou highlights what will drive markets this week.
A crush of big cap earnings and arguably the most important economic reports until September make next week the busiest of the summer for markets.
Wee Teck Loo, Head of Consumer Electronics at Euromonitor International, explains why South Korean firms like Samsung are ahead of their Japanese rivals.
Amazon.com posted a loss that was wider than Wall Street expectations Thursday, sending shares lower in extended-hours trading.
Fashion house Michael Kors has a lot of fans out there. One that would have a tough time getting by without it: watchmaker Fossil Group.
SK Hynix said shipment growth would slow in the third quarter as it posted its first drop in quarterly profit in two years.
LG Electronics said its profit rose 26.5 percent from a year earlier, beating estimates, as its mobile business profited for the first time in a year.
"Our goal is to get as close to the experience the surfer is having," says the head of a pro surfing organization.
At first glance, it may seem easy to dismiss Chinese smartphone maker Xiaomi as a viable competitor to Apple. But that won't be for long.
Melissa Chau, Senior Research Manager, Client Devices at IDC Asia Pacific, explains why Xiaomi has a higher chance of succeeding in India's smartphone market.
India's smartphone market: Samsung dominates it, Apple has had measured success with it and now China's Xiaomi wants a crack at it too.
Nearly 200 managers at Samsung's mobile division have voluntarily returned a quarter of their first-half bonuses, a source said.
Asian firms are banking on a next generation of televisions to bolster sales, but Jeffries warns that the new technology may not make a difference.
The CST-100 is designed to ferry crew, cargo and even tourists into low Earth orbit.
Novartis and Google have agreed to develop "smart" contact lenses to help diabetics track blood glucose levels or restore the eye's ability to focus.
Asian stocks were mostly higher on Tuesday as investors awaited Federal Reserve Chair Janet Yellen's two-day testimony later in the day.