If you think the folks at Samsung are having a rough week, just wait until Park Geun Hye gets to work on them.
Profits at Samsung Electronics Co. plunged almost 20 percent in the second-quarter, a deeply worrying sign of vulnerability for South Korea's most dominant company. As recently as a year ago, the talk was of Samsung, Apple killer. Now, the company is being squeezed from above by Apple Inc.'s high-end iPhones, and from below by cheap upstarts like China's Xiaomi Corp. Worse, there's a dearth of sensational new products in the pipeline.