Samsung Electronics executive says expect quick mobile business turnaround

Reuters
The company logo is displayed at the Samsung news conference in Las Vegas January 7, 2013. REUTERS/Rick Wilking/Files

SEOUL (Reuters) - Samsung Electronics Co Ltd's mobile business will recover quickly due to its strong fundamentals and technological prowess, a senior company executive said on Wednesday. Samsung Electronics President D.J. Lee, speaking at a press conference, also said the Galaxy Note 4 smartphone will likely show significantly better sales than its predecessor, noting stronger pre-orders so far. He didn't offer specifics such as a sales target. (Reporting by Se Young Lee; Editing by Ryan Woo)