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This one quote explains why Samsung is feeling very nervous

15
Aug
2014

Samsung is still in very good shape, especially when compared with rival Android vendors, but that doesn’t mean the company has no reason to be feeling nervous right now. The biggest thing that Samsung has to fear right now isn’t Apple but a host of up-and-coming Android vendors that are cranking out dirt-cheap phones with remarkably strong specifications. If you want to get an idea of just how dire this situation could be for Samsung and other high-end vendors, look no further than the following quote from Lenovo CEO Yang Yuanqing in an interview with The Wall Street Journal on Thursday. “I would say China is the most competitive market in the world,” he said. “There are so many local players,

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