There have been many reports recently about Samsung wanting to restructure its business owing to declining profits in the mobile market. The company is expected to cut down on the number of handsets it introduces each year and may even shut down services that aren’t turning a profit. A report from Korea suggests that the company’s ChatOn service might get the axe in select markets under the restructuring regime.

The report comes from Korea Times which says that Samsung’s messaging service will be shut down in markets where it is nothing more than an unprofitable service. Names of the markets where ChatOn is going to get the axe have not been mentioned in the report.

It doesn’t look like Samsung is giving up on ChatOn altogether though. A company official cited in the report says that ChatOn will continue to function in markets where it is received positive reviews and reactions from users. The official also didn’t mention which markets are being referred to here.

Even though the ChatOn service is used in over 100 countries around the world on a variety of platforms like iOS, Android and BlackBerry, increasing competition from the likes of WhatsApp, Viber, Line, WeChat and BBM doesn’t really make it easy to survive.

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