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 […]
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The smartphones market has witnessed major shifts in the span of merely a decade, players have shot up and disappeared, while other brands persisted based on their ability to quickly adapt to the ever-changing needs and wants of the market. Competition between smartphone brands has narrowed down to two main players: iOS and Android. And […]
Huawei is launching its own HarmonyOS mobile operating system on its handsets as it adapts to losing access to Google mobile services two years ago after the U.S. put the Chinese telecommunications company on a trade blacklist. Huawei was expected to announce the launch of HarmonyOS on Wednesday for various devices including smartphones and tablets. […]
Pressure is mounting on South Korean President Moon Jae-in to pardon Samsung heir Lee Jae-yong, who is back in prison after his conviction in a massive corruption scandal, even though business has rarely looked better at South Korea’s largest company. Lee is just the latest South Korean corporate boss to run his business from behind […]
Samsung Electronics said Thursday its operating profit for the last quarter jumped 46% from a year earlier driven by increased sales of smartphones and televisions as its business continues to flourish amid the pandemic. The South Korean tech giant also said its quarterly revenue of 65.39 trillion won ($59 billion) was its highest for the […]
5G is the next significant evolution in the mobile landscape, promising to deliver better and faster connectivity. The technology will also empower innovate variety of existing and new apps, including cloud gaming on the go. Newzoo’s Global Mobile Market Report shows that there will be over 700 million 5G-ready smartphones active in the market this […]
SEOUL, South Korea (AP) — Samsung Electronics Co. said Wednesday its operating profit for the first three months of 2020 rose 3.4% from a year earlier driven by increasing demands for computer chips. However, the company predicted its profit would decline in the current quarter with the coronavirus pandemic eating into global sales of smartphones, […]
Samsung, have just unveiled their second folding phone, the Samsung Galaxy Z Flip. The most substantial improvement over other foldable competitors, is the use of a glass screen. It feels like glass and can be used in the same way as a plastic screen. Although the crease down the middle is somewhat visible, testers have described […]
SEOUL, South Korea (AP) — Samsung Electronics Co. said Wednesday its operating profit for the last quarter likely fell 34% from a year earlier, which would be a smaller-than-expected decline possibly resulting from increased smartphone shipments and gradually stabilizing computer chip prices. The South Korean tech giant estimated an operating profit of 7.1 trillion won […]
SEOUL, South Korea (AP) — Samsung Electronics said Thursday its operating profit for the last quarter fell by nearly 56%, with its robust sales of smartphones, displays and TVs offset by a continuously weak market for computer chips. The South Korean technology giant reported an operating profit of 7.78 trillion won ($6.7 billion) for the […]