Search results for "Samsung"

Samsung’s 2022 Galaxy Lineup to be Made from Sustainable Material

Samsung announced its latest lineup for February 9th, the 2022 Galaxy S will be partly created from eco-friendly sustainable products, using ocean-bound comprised from fishing nets. The corporate behemoth revealed plans to imbed the material in all products to be announced next week, then incorporate it into the remainder of its devices’ lineups.  According to […]

Samsung, Blue Ocean Launch U.S. Stock Trading During South Korean Business Hours

Asian investors can now buy and sell U.S. stocks during Korean business hours in real time through a partnership between Samsung Securities and U.S.-based off-exchange trading venue operator Blue Ocean Technologies LLC, the companies said on Monday. “This is the first time in the history of the U.S. markets where Asia Pacific investors, and Korean […]

Samsung Hits New Profit Records for 2021, Despite Chip Crisis

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 […]

Smart partners with Samsung to drive 5G-SA growth in the Philippines

Smart Communications partnered with leading 5G smartphone vendor Samsung to lead the development of 5G Standalone (5G-SA) technology in the Philippines.   According to a press release, the mobile services provider said that this development follows Smart’s recent firing up of their commercial 5G-SA sites in Makati.  “5G SA creates new opportunities for enterprises and consumers, […]

Samsung Likely to Report Best Q4 Profit on Solid Chip Demand

Samsung Electronics Co Ltd is likely to post a record fourth-quarter profit thanks to solid demand for server memory chips and higher margins in contract manufacturing, analysts’ estimates showed. Operating profit for the world’s biggest memory chip and smartphone maker likely hit 15.2 trillion won ($12.7 billion) in the quarter ended December, according to a […]

New Samsung TV to let creators share their art worldwide

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 replaces CEOs, merges mobile & consumer electronics businesses

In a surprise move, Samsung Electronics announced a restructuring of its management with several changes to leadership, replacing heads of its three major business units and merged the company’s mobile and consumer electronics businesses into a single entity, according to a statement by the company. As such, the restructuring leaves two co-CEOs over the world’s […]

Samsung says it will build $17B chip factory in Texas

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 […]

Samsung marks loftiest Q3 sales, demand boosts chip value

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 […]

Dialog Axiata brings Samsung Galaxy Z Fold3 5G, Flip3 5G to Sri Lanka

Sri Lanka operator Dialog Axiata has started taking pre-orders for the 5G-ready Samsung Galaxy Z Fold3 5G and Z Flip3 5G devices. Samsung’s latest foldable smartphone range is available for pre-order via the Dialog website until 30 September. Dialog customers will also receive anytime free Data worth 200 GB (valid for 60 days) with Fold3 […]