Search results for "Samsung"

Samsung reports profit jump on smartphone, TV sales

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 […]

DT & Samsung’s first 5G trial could spell danger for Huawei

German Deutsche Telekom and South Korean Samsung announced on Wednesday the successful completion of the first 5G Standalone (SA) trial in the city of Pilsen, Czech Republic. The two companies verified the performance of 5G SA Multi-User, Multiple-Input, Multiple-Output (MU-MIMO) technologies, demonstrating three times higher spectrum efficiency compared to LTE, a joint statement said. “Samsung […]

Samsung expects profit decline as pandemic hits sales

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 Galaxy Z Flip - another shot at the foldable phone

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 […]

Samsung predicts smaller-than-expected drop in profit

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 […]

Samsung Electronics says third quarter profit fell 56%

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 […]