Samsung keeps rolling out price cuts in an attempt to save itself

Samsung’s crown has been slipping in recent months, especially in China where companies like Huawei and Xiaomi are absorbing market share at a rapid pace, but Samsung isn’t just going to sit there and watch it all happen. The company already started cutting the price of the Galaxy S6 and Galaxy S6 Edge in the United States in order to boost sales, but now Samsung is taking things even further with a bunch of price cuts in China as well. Its Chinese competitors have been able to out-sell Samsung because they can provide high-end smartphones for a mid-range price, so maybe doing the same will help Samsung recover.