Samsung sees smartphone ASP down in Q3 due to cheaper models

SEOUL Fri Jul 26, 2013 2:15am BST

An advertisement of Samsung Electronics Co's Galaxy S4 smartphone is displayed at a shop of Japan's biggest mobile phone operator NTT Docomo in Tokyo July 3, 2013. REUTERS/Issei Kato

An advertisement of Samsung Electronics Co's Galaxy S4 smartphone is displayed at a shop of Japan's biggest mobile phone operator NTT Docomo in Tokyo July 3, 2013.

Credit: Reuters/Issei Kato

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SEOUL (Reuters) - Samsung Electronics Co Ltd on Friday expected its average selling prices of smartphones to decline slightly in the third quarter, because of the growing portion of mid- and low-end smartphones.

The South Korean company also forecast its tablet shipments would jump by slightly more than 30 percent in the July to September period from the preceding quarter.

The remarks were made by Kim Hyun-joon, vice president of Samsung's mobile business, during an earnings conference call.

(Reporting by Hyunjoo Jin; Editing by Jacqueline Wong)

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