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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 looking to reclaim its top spot in India’s premium smartphone segment with Galaxy S8
Samsung announced the Galaxy S8 and S8+ for the Indian market yesterday, and the company is hoping that the new devices would help it reclaim its top spot in the country's premium smartphone segment. The company had lost its top spot in the premium segment to Apple last quarter due to the Galaxy Note 7 battery […]
- By Asif Iqbal Shaik
- 7 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’s mobile chief calls for tightened security ahead of the Galaxy S8’s release
Samsung's mobile business chief Koh Dong-jin has urged employees to “tighten security” ahead the release of its next flagship smartphone, reveals The Korea Herald. It's believed that the call for improvement comes as speculation about the upcoming Galaxy S8‘s design is becoming increasingly accurate. “I feel deeply regretful to hear news of the recent attempts […]
- By Josh L.
- 7 years 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
Early Galaxy S9 release paid dividends for Samsung this past quarter
It was first rumored late last year that the Galaxy S9 might be launched earlier than its predecessor and that's precisely what happened a couple of months ago. Since it was launched early, Samsung also released the Galaxy S9 almost a month before the Galaxy S8 came out in 2017 and it doubled down on […]
- By Adnan Farooqui
- 6 years ago
Samsung just lost the ace in its marketing hand
In a surprise turn of events, Samsung US Chief Marketing Officer Marc Mathieu resigned last week, following an internal investigation into how his division operated in a bid to discern whether his staff offered bribes to marketing partners — a serious breach of the firm's code of conduct. But why's that newsworthy? Well, Mathieu was […]
- By Josh L.
- 5 years ago
Samsung’s quarterly profit predicted to surge almost 50% this quarter
Samsung's dominant position in the memory chip market has allowed the company to make money hand over fist for the past couple of years. Rising memory chip prices have also increased its profit margins which is why the company is expected to forecast an almost 50 percent increase in quarterly profit for Q1 2018 on […]
- By Adnan Farooqui
- 6 years ago
Samsung downplays impact of weak iPhone X sales on its revenues
Yesterday Samsung released its Q4 2017 earnings, where the company posted a record high profit for the last quarter. Despite this performance, many people were skeptical if Samsung will be able to maintain this momentum due to various uncertainties in its components business. Less than expected sales of iPhone X is one such factor many […]
- By Naresh
- 6 years ago
Samsung might lose Qualcomm’s business in 2018
Samsung's semiconductor division is a significant driver of growth for the conglomerate. The company has key manufacturing deals with companies like Qualcomm. It mass produces their chips in its advanced facilities. Samsung manufactured the Snapdragon 835 for Qualcomm and is likely going to manufacture the Snapdragon 845 as well. However, if a new report is […]
- By Danny Dorresteijn
- 6 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
Forbes names Samsung Group among top five influential Asian firms
The US-based business magazine Forbes has named Samsung Group among the top five influential firms in Asia. The South Korean consumer electronics giant has been named among firms like China's Alibaba, India-based HDFC Bank, Sony, and Toyota, thanks to its achievements in the technology segment. Forbes mentioned that the companies it listed as the top […]
- By Asif Iqbal Shaik
- 7 years ago
Things won’t improve for Samsung’s mobile division next quarter but this is how it will respond
Samsung doesn't provide shipment figures for smartphones in its quarterly earnings releases so it's unknown precisely how many units the company has shipped in the second quarter of this year. We will soon see estimates from industry trackers, though. The company today reported its earnings for Q2 2017. It has seen strong sales throughout the […]
- By Adnan Farooqui
- 7 years ago
Here’s how Samsung made an obscene amount of money last quarter
You may have heard by now that Samsung made an obscene amount of money in the quarter ending June 2017. The company has broken its previous operating profit record and has become the world's most profitable technology company in Q2 2017. Samsung has earned $12.67 billion in operating profit on revenue of $54.7 billion, more […]
- By Adnan Farooqui
- 7 years ago
Samsung’s Q2 2017 earnings cement its status as the world’s most profitable tech company
Some people might have thought that Samsung had taken its eye off the ball with everything that happened since last year. There was the spectacular failure of the Galaxy Note 7 and a leadership crisis that landed the conglomerate's heir apparent behind bars in a corruption probe. Despite all of that, the company's earnings guidance […]
- By Adnan Farooqui
- 7 years ago
