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Samsung’s profit rises by 931% in Q1 2024 as chip sales recover
Samsung has been struggling over the past couple of years, especially due to its most important product: memory chips. However, things now seem to be improving financially, as the company has reported a huge rise in its profit. Earlier today, Samsung revealed its earnings guidance for Q1 2024. Samsung's profit rises 931% on the back […]
- By Asif Iqbal Shaik
- 3 weeks ago
Galaxy S24 sales 8% higher than Galaxy S23
The Galaxy S24 series has received tremendous response all over the world. In fact, it broke pre-order records in several countries worldwide. Samsung said that pre-orders have been higher by double digits. It has now been revealed how much better the sales of the Galaxy S24 series have been worldwide. Galaxy S24 sales more than […]
- By Asif Iqbal Shaik
- 2 months ago
Galaxy S24 and Exynos 2400 may have secured Google Tensor G4 orders for Samsung Foundry
Semiconductor industry watchers say Samsung Foundry might be gaining momentum and securing more clients thanks to the positive reception of the Galaxy S24 and the Exynos 2400 chip. New reports reconfirm that Google might be one of those clients this year. Google is developing a new Tensor chip for the upcoming Pixel 9 series, which […]
- By Mihai Matei
- 2 months ago
Galaxy S24 sales surpass 1 million mark in South Korea, beating Galaxy S8
The Galaxy S24 series has received tremendous response since its launch last month. Samsung's new flagship smartphone series broke pre-order records in several countries, including India and South Korea. Samsung has revealed that the Galaxy S24 series sales have crossed 1 million in its home country in record time. Galaxy S24 sales cross 1 million […]
- By Asif Iqbal Shaik
- 2 months ago
Samsung to open Experience Spaces in 8 cities to immerse fans in the era of Galaxy AI
While the official debut of the Galaxy S24 series is just around the corner, Samsung is taking different approaches to spread the immersive experience of the Galaxy AI. Going ahead along the same lines, Samsung announced the opening of Experience Spaces in 8 cities around the world to showcase Galaxy AI features to its fans. […]
- By Sagar Naresh
- 4 months ago
Samsung sells 1.5 million Galaxy Jump series phones in South Korea
There is a common belief among tech enthusiasts that Samsung launches too many phones for its own good, probably slowing down the process of software development and release of updates. However, sales figures reveal that its strategy of offering something for everyone works quite well. The company is the biggest smartphone maker in the world […]
- By Asif Iqbal Shaik
- 4 months ago
Samsung holds Galaxy Campus Friends ceremony for Vietnamese students
To help young people realize their passion for innovation and technology, Samsung Electronics held an inauguration ceremony for ‘Galaxy Campus Friends' in Vietnam for college students. At the ‘Galaxy Campus Friends event in Vietnam, located in Southeast Asia and Oceania, where more than half of the world's young people live, Samsung selected the first group […]
- By Sagar Naresh
- 5 months ago
Galaxy S23 series outperformed the S22 in the first half of 2023
Samsung Electronics announced its Q2 2023 financial results. The company posted quarterly revenue of 60.01 trillion won ($46.9 billion), a 6% decline from Q1 2023. Samsung increased its operating profit as the Device Solutions (DS) Division minimized its losses and as Samsung Display and the Digital Appliances Business improved profitability. The tech giant posted an […]
- By Mihai Matei
- 9 months ago
Smartphone sales to remain low in 2023, but improve in 2024
Samsung is moving in the right direction, focusing on foldable phones like the Galaxy Z Flip 4 and the Galaxy Z Fold 4, as smartphone shipments are poised to remain low in 2023. According to IDC's recent research (via CNET), around 1.17 billion smartphones will be shipped globally this year, a 3.2% decline compared to […]
- By Asif Iqbal Shaik
- 11 months ago
Samsung smartwatches lose 2nd place to Indian brand Fire-Boltt
Samsung smartwatches have grown in popularity in North America, where the company's Galaxy Watch shipments in Q1 increased by 15% from the previous quarter. This, however, hasn't helped the company retain its 2nd place on a global scale, as shipments in other markets outside North America declined 15% year-on-year and 21% quarter-on-quarter. Despite their success […]
- By Mihai Matei
- 11 months ago
Samsung’s improved 5nm process could benefit Galaxy Watch 6, Pixel Fold
The Pixel 7 and the Pixel 7 Pro feature Google’s Tensor G2 SoC, which is fabricated by Samsung on its 5nm process. The Pixel Fold is also expected to feature the same chipset. However, a new rumor suggests that the Tensor G2 in the Pixel Fold will perform much better than the Tensor G2 in […]
- By Abid Iqbal Shaik
- 1 year ago
Galaxy Watch not enough? Now buy food from Samsung to get fit!
We look at Samsung as an electronics brand, and we don’t expect the company to suddenly start selling something that isn’t its forte, such as cars, clothes, or food. But that’s exactly what Samsung has done this time. It has just started selling all kinds of food items in Korea, right on its official website. […]
- By Abid Iqbal Shaik
- 1 year ago
Galaxy S23 series witnesses record pre-bookings in India
Samsung debuted the much-awaited Galaxy S23 series at the Galaxy Unpacked 2023 event on February 1. Galaxy fans across the globe and in India were pretty pleased with the upgrades the phone brings over its predecessor, and looking at the pre-booking numbers, the excitement of getting their hands on the Galaxy S23 series is clearly […]
- By Sagar Naresh
- 1 year ago
Samsung announces Q4 2022 earnings, profit hits eight-year low
Earlier this month, Samsung published its earnings guidance for Q4 2022. In line with those numbers, the company has published its final Q4 2022 and FY 2022 results. The company's profit has been the lowest in eight years, and that is due to the continued global economic downturn, rising costs, and lower demand for smartphones […]
- By Asif Iqbal Shaik
- 1 year ago
Samsung could lose business as Apple Watch to use Micro LED displays
Samsung gets a lot of business from Apple by supplying OLED displays and memory chips for many of its products. That includes OLED panels for Apple Watch as well. However, according to a new report, Apple is planning to equip the next-generation Watch Ultra with a Micro LED display, which means that the iPhone maker […]
- By Asif Iqbal Shaik
- 1 year ago
