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Amidst the rising cases of COVID-19, China has partially locked down Xian from April 16 to 19 to curb the spread of the virus. However, this doesn't seem to be a good sign for Samsung Electronics' semiconductor factory in Xian. Because, according to BusinessKorea, the semiconductor production in the Samsung factory is likely to be […]
TM Roh was appointed the new head of Samsung Mobile at the beginning of 2020. When he took the reins from DJ Koh, he was tasked to lead Samsung's mobile division into the “Next Normal,” using his engineering prowess and ability to make the right changes when they're needed the most. And throughout the past […]
Qualcomm has just teased the date for its next launch event, and rumors indicate that the company will unveil the Snapdragon 7+ Gen 1 on March 17, 2023. It is the successor to last year's Snapdragon 7 Gen 1 processor and is expected to bring faster performance and efficiency. But it's terrible news for Samsung's […]
The latest report by Counterpoint Research brings some bad news for smartphone brands, including Samsung. The global smartphone market saw a decline of 12% year-over-year in Q3 2022. Thanks to the quarterly growth of Apple and Samsung, the global smartphone market managed to cross the 300 million units mark. The market had failed to reach even […]
The consumer spending spree witnessed after the COVID-19 pandemic lockdowns appears to be over now. Financial experts around the world forecast a global recession, and the smartphone market has started to brace for the economic downturn. Even Samsung seems to have scaled back smartphone production. Although Samsung claimed that it expects smartphone sales to stay […]
Samsung Electronics is going through a rough patch due to slumping sales of TVs and home appliances, but it is not the only company to face difficulties. LG is in a similar situation, as several factors continue to harm sales. Demand for TVs and home appliances continued to decline in the second quarter of the […]
It is common knowledge that Samsung manufactures a good chunk of its smartphones outside of South Korea. Vietnam, in particular, is a manufacturing hotspot. It is where Samsung phones are made, over 60% of its supply to be precise. That figure could get a tad lower in 2022, but for now, most of Samsung's smartphones […]
2020 was a tough year for the European smartphone market, and although sales figures have recovered almost entirely by the end of the year, the smartphone market also experienced a massive sales decline of nearly 50% YoY in April 2020, three months after the number of COVID-19 cases started to rise, and one month after […]
A 30-month prison sentence for Samsung Group Chairman Lee Jae-yong forced the South Korean conglomerate into another crisis. And as if that wasn't bad enough, the timing of this ordeal means its consequences could be amplified by another crisis which the company has been navigating since early 2020. That would be the COVID-19 thingy; you probably […]
Even if that old saying about patience being a virtue was true, no piece of folk wisdom really tackles the merits of staying true to a deliberate business strategy amid something as unpredictable as a global pandemic. Maybe Samsung comes up with one such adage once all this coronavirus craziness is over, but for the […]
Despite numerous challenges that emerged over the course of this year, Samsung's smart TV business is looking stronger than ever. Especially in the United States, where the company currently accounts for 32% of all Wi-Fi-connected households. That's more than its two closest rivals – Alcatel/TCL and Vizio – have combined (27%), new industry data from […]
Samsung SDI manufactured and supplied the first batch of batteries for the Galaxy Note 7, and Samsung announced yesterday that faulty batteries were causing fire and explosion in the smartphone. Samsung SDI has now announced that it will invest 150 billion won (approx. $128.31 million) to improve battery safety after the Galaxy Note 7 fiasco. […]