Search Results for "september 2023"

Samsung welcomes 2023 with a ceremony at Samsung Digital City

Earlier this morning, Samsung organized an event at Samsung Digital City in Suwon, South Korea, to welcome 2023. The event was attended by around 150 people, who were mostly top officials of the company, including Jong-Hee Han, Co-CEO of Samsung Electronics, and Kye Hyun Kyung, President & CEO of MX Division. Addressing the new year, […]

By Asif Iqbal Shaik
1 year ago

US trade commission orders Samsung to stop unfair business practices with retailers

The US FTC (Fair Trade Commission) has ordered Samsung to stop unfair business practices in the country. The antitrust regulator said that Samsung can't demand retailers to offer it retail prices for their products. The company reportedly did so for six years before it faced a probe from the agency. It was reported that Samsung […]

By Asif Iqbal Shaik
1 month ago

Samsung, Apple, and other chipmakers to invest in Arm

Samsung, Amazon, Apple, Intel, and Nvidia are reportedly lining up to invest in Arm, lining up with earlier reports. Arm is a British firm that designs the blueprint for almost all mobile devices today. Investments from all leading global semiconductor chip giants will result in the long-term financial stability of Arm. Nikkei reports that chip […]

By Asif Iqbal Shaik
9 months ago

Samsung still biggest foldable phone maker globally, but competition is rising fast

Samsung has been the world's biggest foldable smartphone brand for years, and it held on to its number one position in Q3 2023. According to a new report from DSCC, the foldable smartphone market had a bumper quarter in the July-September period, thanks to the launch of the Galaxy Z Flip 5 and the Galaxy […]

By Asif Iqbal Shaik
5 months ago

Samsung holds Galaxy Campus Friends ceremony for Vietnamese students

To help young people realize their passion for innovation and technology, Samsung Electronics held an inauguration ceremony for ‘Galaxy Campus Friends' in Vietnam for college students. At the ‘Galaxy Campus Friends event in Vietnam, located in Southeast Asia and Oceania, where more than half of the world's young people live, Samsung selected the first group […]

By Sagar Naresh
6 months ago

Samsung accounts for more than 80% smartphone market share in South Korea

According to the latest industry data, Samsung Electronics seized over 80% of the smartphone market share (84%, to be exact) in its homeland of South Korea in Q3 2023. As per Counterpoint Research, these amazing numbers are amid the contracted demands for high-end smartphones and other gadgets. The report highlights that around 3.4 million smartphones […]

By Sagar Naresh
6 months ago

Samsung gets more iPhone 15 OLED orders as Chinese firm BOE fails quality test

Samsung Display has been the OLED display panel supplier for all iPhone models released since the iPhone X, thanks to its superior quality. Apple has been trying to reduce its reliance on Samsung Display for OLED panels over the past few years by bringing in two more panel suppliers—BOE and LG Display—in its supply chain. […]

By Asif Iqbal Shaik
8 months ago

Samsung’s ChatGPT-like generative AI is almost ready for demos

As you might recall, Samsung ran into some security breach issues a few months ago due to employees improperly using ChatGPT. Semiconductor employees have entered sensitive code into the ChatGPT global databanks, which meant Samsung had to create new rules to prevent this from happening again. The company denied access to ChatGPT, but to make […]

By Mihai Matei
9 months ago

Apple’s trying to steal K-Pop fans from Samsung

Apple seems to have set its target on South Korea – Samsung's home turf – and after launching its Pay platform in the country, Apple opened a new store and tried to woo K-pop fans with an exclusive audio experience. Samsung's archrival opened its fifth store in the luxurious Gangnam district, and to mark the […]

By Mihai Matei
1 year ago

Sony’s sad story shows that some smartphone features are overhyped

Sony's presence in the Android smartphone market continued declining over the years, and now, it is one of the least relevant manufacturers around. It could've been worse had it not been for Sony's reputation in the global consumer electronics market and its expansive retail network. Sony's mobile business could've been another victim of getting bought […]

By Mihai Matei
1 year ago

Samsung shipped more foldable phones in 2022 than all other OEMs combined and then some

Samsung has an enormous lead over its rivals in the foldable smartphone market. And last year, the company shipped more foldable devices than all other OEMs combined, reveals a Financial Times report based on Canalys research. The report (via Steven Kiernan / Yongsub Eric Shin) says the foldable smartphone market recorded 14.2 million total shipments […]

By Mihai Matei
1 year ago

Samsung profits could hit their lowest point in six years this quarter

No business is immune to the global macroeconomic environment and despite being sufficiently diversified, Samsung isn't insulated from the challenges either. The company's recent quarterly results have reflected the challenges that it continues to face in the market. There's consensus among experts that it's only going to get worse before it gets better. Samsung is […]

By Adnan Farooqui
1 year ago

Samsung holds high-level meeting to discuss recession woes next year

In a very rare meeting, the South Korean conglomerate Samsung Group recently held a meeting with all its CEOs from all affiliates. On Wednesday, the meeting mainly discussed the economic downturn next year and the recession woes, including falling semiconductor prices, dipping currency rates, and further rate hikes. The high-level meeting took place Monday at […]

By Sagar Naresh
1 year ago

SoftBank CEO wants a strategic alliance between Samsung and ARM

We recently reported that although Samsung and SK Hynix were among the front runners in the acquisition of the UK-based chip designer ARM, Samsung may back out of this race because of antitrust issues and the increased acquisition price. The latest report now suggests that SoftBank CEO Masayoshi Son is seeking a strategic alliance between SoftBank-owned […]

By Sagar Naresh
2 years ago

Market watchers say Samsung will lose the 1st spot to TSMC in Q3 2022

Samsung's semiconductor business is reportedly on the brink of losing the lead in sales in Q3 2022. Market watchers say that the Korean tech giant might experience a 19% drop in quarterly sales during the July-September period, which would allow TSMC to climb up the ranks and occupy first place. A recent report by market […]

By Mihai Matei
2 years ago

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