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 […]
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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 […]
Google, device manufacturers, and third-party apps could be probing deeper into users’ on-device habits by creating a tailing road to survey their every interaction through Android’s apps OS, a Trinity College’s study revealed. Data breaches and password leaks have taken the world by a swoop the minute a global conceptualization broke out that no one […]
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 […]
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 announced on Tuesday a $205 billion expansion plan aiming to provide 40,000 jobs for the upcoming three years to reign “strategically important industries.” The conglomerate’s immense influence in South Korea has never been higher as it set out a recruitment scheme of roughly 10,000 people, in addition to 30,000 jobs already set into motion, […]
Samsung is paving the way to secure its leadership in the deployment of 6G technology.The South Korean company is committed to lead the standardization of 6G and is planning to collaborate with various stakeholders across industry, academia, and governments. Samsung aims to provide the peak data rate of 1,000 Gbps and a user experience data […]
Samsung Pay debit card is launching later this year, according to a blog post by the company. As the latest addition to their financial services and a new way to use the Samsung Pay app, the company will be able to cover both mobile payments of various types, and card transactions. Samsung is the first […]
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, […]
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 […]