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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
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 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 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 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 vs Apple in 2020: Who won this rollercoaster of a year?
2020 was an exciting year for fans of Samsung and Apple, but who got the better end of the bargain?
- By Dominik Bosnjak
- 3 years ago
Samsung vs Huawei in 2020: Never been closer to losing the crown
Samsung was more than happy to benefit from its rival's misfortune across numerous segments.
- By Mihai Matei
- 3 years ago
Samsung chip unit planning generous employee bonuses in H1Y20
Samsung is planning to pay out generous half-year bonuses to its chipmaking business employees, insiders close to the company report. The performance rewards for the first six months of 2020 will amount to as much as 100% of a given staffer's monthly salary. For added context, Samsung's mobile division is said to be planning 75% […]
- By Dominik Bosnjak
- 4 years ago
