Samsung is the world’s top seller of smartphones, but even that fact couldn’t stop its profits_from declining for a_second successive quarter. Samsung posted its latest (Q1 2014) results today, which saw operating profit fall 3.3 percent quarter-on-quarter to_8.49 trillion KRW ($8.2 billion) while_revenue slipped 9 percent QoQ_to 53.68 trillion (KRW). Despite the underwhelming results, Samsung is bullish on the rest of the year and it expects to see “profits rally in the second quarter and beyond” thanks to its display panel business, home appliance sales and its new flagship_Galaxy S5 smartphone. “Samsung is also poised to expand its new product...

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