Samsung introduced its latest lineup of Galaxy S22 phones at its first-ever Galaxy Unpacked event for 2022, unveiling the Galaxy S22 Ultra, the first note with faster response time for S-Pen. The announcement of the trio models, Galaxy S22 and S22+, in addition to the Ultra, allowed Samsung to present its most robust device lineup […]
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Samsung, the South Korean electronics giant, revealed a new record in its 2021 fourth quarter (Q4), marking an annual operating profit of $42.9 billion and $232.4 billion in revenue. Compared to its third-quarter (Q3) revenue, Samsung hit a whopping $11.5 billion in operating profit and $63.6 billion in revenues. The heightened capital for the electronics […]
Samsung is planning to support NFT by beginning with its 2022 TV lineup in order to let creators share their art with the world. “With demand for NFTs on the rise, the need for a solution to today’s fragmented viewing and purchasing landscape has never been greater,” the company said in a press release. “In […]
Samsung said it plans to build a $17 billion semiconductor factory outside of Austin, Texas, amid a global shortage of chips used in phones, cars and other electronic devices. “This is the largest foreign direct investment in the state of Texas, ever,” Texas Gov. Greg Abbott said in announcing the project Tuesday. Samsung said it […]
South Korean manufacturer Samsung marked its highest third quarter (Q3) in history as chip demand rises, on account of the market’s inflated semiconductor and smartphone consumption. Samsung’s quarterly sale outcome is the most promising in the company’s history, and the vendor has semiconductor and smartphone manufacturing to thank for that. The company’s operating profit is […]
The smartphone industry will experience one of its best years in equipment manufacturing, despite the current global health crisis and semiconductor shortage, Gartner and IDC revealed in a new research. According to technology research firm Gartner, global smartphone production and sales reached a whopping 328.8 million in the second quarter (Q2) of the current year, […]
Search engine giant Google seeks Samsung Electronics’ support in supplying a 5G modem for its latest centerpiece Pixel smartphones, paving the way for the conglomerate’s first step that might influence chip-making dominion in the U.S. market. Earlier this month, search engine giant revealed a plan of exclusively designing its private processor chip to fuel its […]
Samsung leader Lee Jae-yong walked out of prison Friday a year early in a parole decision demonstrating the conglomerate’s outsized influence in South Korea as well as continuing leniency for bosses who commit corporate corruption. Wearing a gray suit and a mask, Lee stepped out of the gates at the prison near Seoul and bowed […]
Samsung is hoping cheaper but more durable versions of its foldable phones will broaden the appeal of a high-concept design that’s so far fizzled with consumers. The electronics giant on Wednesday launched its effort to turn things around with two new products designed to function as both a phone and, when unfolded outward on a […]
South Korea will release billionaire Samsung scion Lee Jae-yong on parole this week after he spent 18 months in prison for his role in a massive corruption scandal that triggered nationwide protests and led to the ouster of the country’s previous president. The announcement Monday by the Justice Ministry, which came with a year left […]