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All posts by Adnan Farooqui
Samsung is likely to work with the hedge fund proposing its split than against it this time around
A couple of days ago New York-based hedge fund Elliott Associates publicly proposed that Samsung Electronics be split up into a holding and operating company as well as give shareholders a one-time dividend amounting to $27 billion from the company's cash reserves. Elliott owns 0.62 percent of Samsung Electronics so it's well within its rights […]
- By Adnan Farooqui
- 8 years ago
Lab test pictures show the Galaxy Note 7 combusting in spectacular fashion
We are all well aware now of the Galaxy Note 7's tendency to explode. Samsung sprung into action last month when it announced the recall and kicked off the replacement program. However, troubling reports continue to pour in. Just a few days ago it was reported that a replacement Galaxy Note 7 deemed safe exploded […]
- By Adnan Farooqui
- 8 years ago
SingSpace brings social karaoke to the Gear VR next year
Harmonix, developer of the popular music titles Guitar Hero and Rock Band, has confirmed that it's working on a new social karaoke experience for the Gear VR. This came as a surprise announcement since the company is already working on Rock Band VR and Harmonix Music VR, it hadn't given any hints previously that it […]
- By Adnan Farooqui
- 8 years ago
Samsung’s Q3 2016 earnings guidance beats estimates despite Galaxy Note 7 recall
Samsung today released its earnings guidance for the third quarter of the year. Analysts and investors had high hopes from Q3 2016 following the company's stellar performance in the second quarter of this year. However, once the Galaxy Note 7 recall was taken into account, many thought that a huge financial impact would be visible […]
- By Adnan Farooqui
- 8 years ago
No heads will roll at Samsung for botched Galaxy Note 7 launch
Samsung had high hopes for the Galaxy Note 7. The flagship was launched as the company reached the end of its record-breaking Q2 and all signs were pointing to continued sales momentum for Samsung because the Galaxy Note 7 had been very well received. Merely two weeks after the flagship was released Samsung had to confirm the […]
- By Adnan Farooqui
- 8 years ago
UK Royal Mail reportedly refusing packages containing the Galaxy Note 7
According to a new report, you might find it impossible to ship a package in the United Kingdom via Royal Mail if it contains the Galaxy Note 7. Granted there are other options such as ParcelForce, DHL and more but if you just tend to drop stuff off at your local post office, you might […]
- By Adnan Farooqui
- 8 years ago
Samsung creates dedicated news site for fans in India
Samsung today announced that it has created a dedicated news site for fans in India. The Samsung Newsroom India is a separate news hub for all official developments related to the company which will feature news catered to Indian audiences. Samsung fans in the country can access the Newsroom now by heading to news.samsung.com/in. The […]
- By Adnan Farooqui
- 8 years ago
Daily Deal: Samsung Level On wireless noise canceling headphones available for almost half-off
If you're in the market for wireless noise canceling headphones then you should definitely check out the Samsung Level On headphones. They feature a stylish, foldable design and feature a padded headband as well as soft ear cushions for greater comfort. The Samsung Level On headphones also feature a built-in noise-canceling microphone as well. They can […]
- By Adnan Farooqui
- 8 years ago
Samsung will ‘carefully consider’ major hedge fund’s proposal to split up
Yesterday, a major US hedge fund called Elliott Associates sent a proposal to Samsung explaining why it thinks that the company should be split up and listed on the Nasdaq to create greater shareholder value. Investors appear to like what the hedge fund has proposed as Samsung Electronics shares rose almost 5 percent from the previous day […]
- By Adnan Farooqui
- 8 years ago
Samsung obtains hazardous materials permit to ship faulty Galaxy Note 7 units back
Soon after the Galaxy Note 7 recall was confirmed the handset was banned by airlines across the globe. Passengers were asked to power it down and keep it off as long as they were on the plane. Samsung suspended sales of the handset and over the past couple of weeks it has been involved in […]
- By Adnan Farooqui
- 8 years ago
The CPSC will investigate latest incident involving a safe Galaxy Note 7
It was reported just yesterday that a safe Galaxy Note 7 suffered the same fate as many of its unsafe siblings have before it onboard an airplane. It was a replacement unit that the owner had obtained from AT&T once Samsung started supplying safe inventory to the United States after confirming the recall. It was […]
- By Adnan Farooqui
- 8 years ago
Samsung acquires Viv Labs, an artificial intelligence startup founded by the people behind Siri
Viv Labs, an artificial intelligence startup founded by the creators of Siri, has caught Samsung's attention. The Korean giant confirmed today that it has agreed to acquire Viv Labs. The founding team of Dag Kittlaus, Adam Cheyer and Chris Brigham will work closely with Samsung's Mobile Communications business but they will be able to operate independently […]
- By Adnan Farooqui
- 8 years ago
![[Update: Samsung statement] Safe Galaxy Note 7 apparently exploded on a Southwest flight](https://www.sammobile.com/wp-content/uploads/2016/10/safe-galaxy-note-7-exploded-2-226x127.png)
[Update: Samsung statement] Safe Galaxy Note 7 apparently exploded on a Southwest flight
The Galaxy Note 7's tendency to explode has been well documented over the past month. Samsung initiated a global recall and replaced faulty units with new, safe ones. There have been some reports of issues with replacement units as well but Samsung has attributed most of them to external factors. This might very well be the […]
- By Adnan Farooqui
- 8 years ago
Samsung should be split up, says major US hedge fund
Elliott Associates, a big US hedge fund, lost a shareholder proxy battle against the Samsung Group last year as it sought to restructure the conglomerate. It lost against Samsung's founding Lee family after a long and bitter public shareholder proxy war which lasted for several months, however, Samsung management said it would follow through on some […]
- By Adnan Farooqui
- 8 years ago
Daily Deal: Samsung’s finest curved gaming monitor available at an unbeatable price
Samsung unveiled a trio of its finest curved gaming monitors earlier this year and the CF591 happens to be one of them. The monitors have been designed to match the natural shape of the human eye and incorporate a sharp 1800 mm (1800R) curvature radius which allows for a less visually-strenuous viewing experience. To minimize […]
- By Adnan Farooqui
- 8 years ago
