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Samsung says the Galaxy S7 isn’t a phone so it shouldn’t be taxed as one
Samsung has apparently tried to reclassify the Galaxy S7 as anything but a telephone for cellular networks in South Africa in an attempt to convince the South Africa Revenue Service (SARS) to lower import tariffs and get a tax refund. The company failed in its endeavor because, well, the Galaxy S7 is a phone after all, […]
- By Mihai Matei
- 3 years ago
Galaxy Note 20, Galaxy Tab S7+, Galaxy Z Fold 2 get Netflix’s HDR support
Samsung's new high-end smartphones and tablets that were unveiled during the Galaxy Unpacked 2020 event have now received HDR video streaming support from Netflix. The video streaming giant's website mentions the Galaxy Note 20, Galaxy Note 20 Ultra, Galaxy Tab S7+, Galaxy Z Flip 5G, and the Galaxy Z Fold 2 in its list of […]
- By Asif Iqbal Shaik
- 4 years ago
Samsung is now using drones to deliver Galaxy products to customers
Samsung's taking the idea of end-to-end contactless shopping to a higher level, literally and figuratively. The company announced that it formed a partnership with Manna Drove Delivery in Ireland to have its latest range of Galaxy devices delivered to customers by drone. Samsung is now leveraging Manna's custom-developed aerospace-grade drones to deliver Galaxy devices directly […]
- By Mihai Matei
- 3 years ago
Samsung might pull the the plug on Galaxy S10/Note 10 to stay profitable
Samsung, like many other companies, is having a tough year, and the Korean tech giant might be thinking of drastic changes to maintain profitability in the mobile business. Despite Galaxy S20 sales disappointing, partly for reasons outside of Samsung's control, the company revealed at its Q2 earnings call that smartphone sales should start gradually improving thanks […]
- By Mihai Matei
- 4 years ago
Samsung’s profit may reach all-time high in Q2 because of the Galaxy S8
Samsung hasn't revealed its earnings report for the first quarter of this year yet but the market expects the results to exceed expectations. Even though the mobile division may not contribute as much as it would have wanted, Samsung's Q1 2017 is likely going to be salvaged by its lucrative chip business which continues to […]
- By Adnan Farooqui
- 7 years ago
Samsung Q4 2016 earnings show chip business absorbed impact of the Galaxy Note 7
Samsung Electronics announced its fourth quarter 2016 earnings today. As per the guidance released earlier this month, Samsung expected to post an operating profit of 9.2 trillion won ($7.8 billion) but the actual figure has turned out to be slightly higher than its estimate. Samsung has posted 53.33 trillion won in consolidated revenue for the […]
- By Adnan Farooqui
- 7 years ago
Samsung expected to report biggest profits in three years even after Galaxy Note 7’s recall
Samsung saw some grim times after the launch of the Galaxy Note 7 and its subsequent recall, and analysts expected that the company would take a $17 billion hit due to the debacle of its flagship smartphone. However, Samsung has just surprised everyone by announcing that it is expecting a massive increase in its year-on-year […]
- By Asif Iqbal Shaik
- 7 years ago
Samsung users could get some free money if Qualcomm loses this case
Samsung's top-tier Galaxy smartphones have gotten more expensive over the years, and although many reasons could be attributed to this upward trend, Qualcomm — a company that is generally held in high regard by Galaxy smartphone owners — is at least partly responsible for this outcome, suggests one nonprofit consumer organization based in the UK. […]
- By Mihai Matei
- 3 years ago
US semiconductor firm files a lawsuit against Samsung
Tessera Technologies, a US-based semiconductor company, filed a lawsuit against Samsung last week, industry sources revealed on Friday. The firm claims that Samsung made use of some twenty-four patented items, covering a range of semiconductor processing, bonding and packaging technologies, to manufacture components used in the Galaxy S6, Galaxy S7, Galaxy S8 and Galaxy Note […]
- By Josh L.
- 7 years ago
América Móvil partners with Samsung to deliver 4.5G networks in Latin America
América Móvil, the fourth largest telecom carrier in the world, has partnered with Samsung to deliver 4.5G cellular networks in Mexico and other Latin American markets. The partnership also focuses on improving the connectivity for IoT (Internet of Things) devices. The companies will test the 4.5G network using the Galaxy S7 edge, Galaxy S8, and […]
- By Asif Iqbal Shaik
- 7 years ago
Samsung’s Q2 2017 operating profit expected to hit new high
Financial analysts are bullish on Samsung's prospects for the second quarter of this year. They predict that the company's Q2 2017 operating profit is going to hit a new record high. Most estimates suggest that the operating profit will be in the range of 12 trillion won or $10.6 billion to over 13 trillion won. […]
- By Adnan Farooqui
- 7 years ago
Samsung posts highest-ever Q1 operating profit on revenue of $44.7 billion
Samsung shared its earnings guidance for the first quarter of 2017 last month. It expected the operating profit to come in at 10.1 trillion won or $9 billion. The company today reported its Q1 2017 earnings and hasn't strayed too far from its guidance. Samsung brought in an operating profit of 9.9 trillion won or […]
- By Adnan Farooqui
- 7 years ago
Samsung Q1 2017 earnings guidance may be announced next week
Industry sources in South Korea believe that Samsung is going to announce its earnings guidance for the first quarter of the year next week. They expect that the guidance will beat forecasts as earnings are likely to be buoyed by the continued stellar performance of Samsung's chip business. Samsung's operating profit for the first quarter […]
- By Adnan Farooqui
- 7 years ago
Samsung Q1 2017 operating profit increase revised down to 30 percent
Just two weeks ago, several analysts predicted that Samsung would see a 40 percent increase in operating profit at the end of the first quarter of this year. This estimate has now been revised down. Samsung is now expected to post an operating profit of 8.7 trillion won ($7.5 billion) for the first quarter of […]
- By Adnan Farooqui
- 7 years ago
Samsung reveals its strategy to grow smartphone business in 2017
Samsung posted its full Q4 2016 earnings today. Despite taking a hit due to the Galaxy Note 7 recall, the company's IT and Mobile Communications division posted an operating profit of 2.50 trillion won ($2.14 billion) on consolidated revenues of 23.61 trillion won for the final quarter of last year. It says that the fourth […]
- By Adnan Farooqui
- 7 years ago
