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Search Results for "Samsung Pay"
Samsung Pay collaborates with Hana Financial Group to make students life easier in Korea
According to an official blog, Samsung has announced that Samsung Pay has signed a business agreement with Hana Financial Group. This agreement will bolster the digital payment experience for students across South Korea. The agreement between Samsung Pay and Hana Financial Group was signed at the headquarters of the latter in Jung-gu, Seoul, on 27 March […]
- By Sagar Naresh
- 1 year ago
Samsung Pay might start charging a fee to tackle Apple Pay
If the latest reports are to be believed, Samsung might turn its Samsung Pay service into a paid service. This would be to take on Apple Pay, which is set to enter the South Korean market soon. Financial authorities have said that Apple Pay fees of 0.1% and 0.15% can be imposed not only on consumers […]
- By Sagar Naresh
- 1 year ago
Samsung Pay is becoming Samsung Wallet in India tomorrow
Samsung has its own mobile payment solution—Samsung Pay—and its in-house password management app, Samsung Pass. Last year, the company announced that it would merge those two services into Samsung Wallet. The rollout of the new app started a few months ago, and now, it is ready for the Indian market. The South Korean firm revealed […]
- By Asif Iqbal Shaik
- 1 year ago
Google might be paying Samsung to push more software updates to phones
During the antitrust trial that Google is currently going through in the US, several of its trade secrets have been revealed, including how much it pays other brands to stay as the default search engine on mobile devices. It has also been revealed that Google might be paying Android smartphone makers, including Samsung, to push […]
- By Asif Iqbal Shaik
- 6 months ago
Samsung agrees to pay $150 million to settle QLED patent lawsuit
The latest statement from litigation firm GLS Capital confirms that Samsung has agreed to ink a $150 million agreement to end Nanoco Technologies Ltd.'s lawsuit. The lawsuit was filed against Samsung for using Nanoco's technology in its QLED TVs. Adam Gill, GLS's Capital managing director, said, “We were proud to support Nanoco in obtaining the […]
- By Sagar Naresh
- 1 year ago
Samsung India partners with Paytm to offer buyers more financing options
Samsung India has partnered with payments giant Paytm in India to offer buyers more financing options when buying devices from offline stores. Consumers buying Samsung devices through authorized stores in India can now pay through Paytm's PoS (Point of Sale) machines. It offers users an option to pay through credit cards, debit cards, UPI, Paytm […]
- By Asif Iqbal Shaik
- 2 years ago
Samsung Foundry’s Texas drama is over, now to see who’s paying for it
Well, it certainly took a while, but Samsung Foundry's factory drama in Texas appears to have finally reached its end. But at what cost and, more importantly, who's picking up the tab, is what remains to be seen. According to a new round of reporting, Samsung's wafer line in Austin managed to stabilize its operations […]
- By Dominik Bosnjak
- 3 years ago
Samsung’s early Galaxy S21 launch pays off as Apple loses the lead in Q1
Samsung was the largest smartphone maker in 2020 overall, but the company lost the top spot to Apple in the fourth quarter of the year due to the success of the iPhone 12 series. Nevertheless, it turns out that Apple wasn't able to maintain the lead for long, as new reports indicate that Samsung has […]
- By Mihai Matei
- 3 years ago
Apple might once again have to pay a penalty to Samsung Display
Samsung Display's OLED panel shipments were down by 9% in January compared to a month prior, and a new report citing market research firm Omdia suggests that Apple has had a lot do with Samsung Display's relatively poor performance at the beginning of the year. Apple is one of the most successful tech companies in the […]
- By Mihai Matei
- 3 years ago
Samsung Electronics to pay out record dividends until 2023
Samsung Electronics today confirmed plans to pay out record dividends to shareholders over the next three years. The equivalent of $11.8 billion will be returned to investors for the fiscal year 2020 which ended on December 31st. That's $1.73 per ordinary share. Pretty sweet, right? Wrong. As idiosyncratic as that might sound, the range of […]
- By Dominik Bosnjak
- 3 years ago
Samsung heirs will pay the highest inheritance tax in the nation’s history
Samsung chairman Lee Kun-hee passed away on October 25 at the age of 78, and the late chairman left behind a fortune in stocks and assets worth billions of dollars. Today, December 22, the exact value of Lee's shares was calculated and came to 22.1 trillion won ($19.9 billion) according to The Korea Herald citing […]
- By Mihai Matei
- 3 years ago
Apple paying almost $1 billion penalty to Samsung because of the iPhone
Samsung's hold over the mobile OLED market allows it to demand top dollar from its customers. It can also contractually obligate customers to purchase a certain quantity of panels. If they don't meet the minimum order quantity, they have to pay Samsung a penalty. Apple sources the majority of its OLED panels for the iPhone […]
- By Adnan Farooqui
- 4 years ago
Samsung slashes 2020 pay raises as uncertainty grows
Samsung's domestic employees can expect more modest pay raises in 2020 as uncertainties surrounding the company's business continue to grow. The management already negotiated the move with union reps, The Korea Herald reports, citing insiders close to the tech giant. This year's standard raise rate will hence amount to 2.5%, down one percentage point annually. Samsung […]
- By Dominik Bosnjak
- 4 years ago
Samsung asks Apple to pay penalty for not buying enough iPhone displays
Samsung essentially has a monopoly in the mobile OLED panel market. This is why Apple had no choice but to source panels from Samsung Display when it introduced the iPhone X, its first smartphone with an OLED display. Samsung was expected to make billions as a result of this deal. Reports suggested that it would […]
- By Adnan Farooqui
- 5 years ago
Samsung loses another patent battle; asked to pay $400 million in damages
Adding to Samsung’s mounting defeats in patent disputes, a federal jury in Texas, USA, has found Samsung guilty of infringing a patent owned by the licensing arm of the Korea Advanced Institute of Science and Technology, a premier research university in South Korea. The jury has asked Samsung to cough up $400 million in damages […]
- By Naresh
- 6 years ago
