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Samsung vs OnePlus in 2020: One UI clones and stolen Buds
It’s the final stretch of the year and in many ways, we’re all happy to leave 2020 behind. For Samsung and its customer base, 2020 was a good-enough year given the circumstances. Firmware updates have arrived on time for the most part and plenty of exciting devices have come out of Samsung’s factory gates throughout […]
- By Mihai Matei
- 3 years ago
Samsung India is launching new reward programs and WhatsApp Chatbot
Samsung's push to capture the Indian smartphone market continues. As a result, the company recently introduced a handful of new programs to reward loyal customers and has extended the Referral Program to include Samsung Exclusive Stores. In addition, the company announced today that it has launched a WhatsApp Chatbot meant to help customers connect to […]
- By Mihai Matei
- 3 years ago
Samsung sold twice as many smartphones as Apple did in Q3 2020
Samsung not only maintained its number one position in the global smartphone market but also managed to improve sales during Q3 2020. According to a new report from market research firm Gartner, Samsung sold 80.8 million smartphones during the third quarter of this year and grabbed a 22% market share globally. The South Korean smartphone giant's […]
- By Asif Iqbal Shaik
- 3 years ago
Samsung dominated the EMEA smartphone market in Q3 2020
Smartphone sales have bounced back in Q3 2020 in spite of the mark left on the global economy by the coronavirus, and Samsung even managed to improve its market share in Europe compared to Q3 2019. Huawei's woes meant higher smartphone sales for Samsung across the Old Continent and the company had a leading market […]
- By Mihai Matei
- 3 years ago
Samsung’s smartphone market share rises in Canada
Samsung's smartphone business has been doing pretty well in western markets. Recently, the South Korean tech giant dethroned Apple in the US for the first time in several years. Now, it is being reported that Samsung's market share improved in Canada during Q3 2020. According to a report from Counterpoint Research, Samsung's market share in […]
- By Asif Iqbal Shaik
- 3 years ago
Samsung’s smartphone market share hits an all-time high in South Korea
Samsung's business boomed during the third quarter despite the pandemic. Its quarterly revenue soared to an all-time high, and it managed to surpass Apple's smartphone market share in the US. Samsung appears to have done really well in its home market, too, according to a new report. A new report from market research firm Strategy Analytics claims […]
- By Asif Iqbal Shaik
- 3 years ago
Samsung’s Q3 2020 earnings reveal its highest-ever quarterly revenue
Earlier this month, Samsung had posted its earnings estimates for Q3 2020. Now, the company has published its final numbers for the latest quarter. Despite the pandemic, the South Korean tech giant has come out like a winner, posting its highest-ever quarterly revenue. Samsung said it saw a significant increase in consumer demand for smartphones, […]
- By Asif Iqbal Shaik
- 4 years ago
Samsung’s camera business officially joining the bottom feeders
Samsung Electro-Mechanics today formally confirmed a mid-October report claiming the company is expanding into the entry-level smartphone camera market. The part about that historic contract coming from Samsung (Electronics) itself is still unofficial, but the insiders behind the original claim have a near-spotless track record, so it's probably safe to consider it accurate. During an earnings […]
- By Dominik Bosnjak
- 4 years ago
Samsung expects a 58% profit jump now but it may be difficult to hold on to
Samsung released its earnings guidance for Q3 2020 today. The company is projecting revenues of 66 trillion Korean won or around $57 billion and 12.3 trillion won or around $10.6 billion in operating profit for the quarter. This will represent an impressive 58 percent increase in operating profit compared to the same period last year. […]
- By Adnan Farooqui
- 4 years ago
Samsung does well even in pandemic, posts 58% higher operating profit for Q3 2020
Samsung has just released its earnings guidance for the third quarter of 2020. According to its own expectations, the company will likely post consolidated sales of KRW 66 trillion (around $57 billion) and an operating profit of KRW 12.3 trillion (around $10.63 billion). However, these are not the final numbers, and the South Korean firm will […]
- By Asif Iqbal Shaik
- 4 years ago
Retailers blast Samsung India over predatory online sales tactics – again
The year is 2020, and offline retail is no longer as attractive of a segment as it once was, but that doesn't mean it's willing to go out without a fight, as Samsung keeps getting reminded. Cue yet another angrily worded letter that ended up on the desk of Samsung India chief, Ken Kang. Authored […]
- By Dominik Bosnjak
- 4 years ago
Samsung Electronics’ profit could cross $8.42 billion in Q3 2020
Samsung Electronics' operating profit is expected to cross KRW 10 trillion (around $8.42 billion) in the third quarter of 2020. Analysts expect the market to recover from the COVID-19 downfall that was experienced in Q1 and Q2 of this year. The South Korean firm could see recoveries in the sales of home appliances, smartphones, and […]
- By Asif Iqbal Shaik
- 4 years ago
Samsung’s automotive goals lead to new MLCC factory opening in China
Samsung Group reported strong Q2 2020 results at an earnings call earlier today, in part thanks to improved profits recorded by the component solution division, Samsung Electro-Mechanics, particularly in the camera and 5G chip sectors. Interestingly enough, the recent earnings call also highlighted the tech giant's ambitions to have a deeper involvement with the automotive […]
- By Mihai Matei
- 4 years ago
Samsung reports strong Q2 2020 results on the back of strong chip, display sales
After it released its earnings guidance for Q2 2020 earlier this month, Samsung has announced its financial results for the quarter. The South Korean company reported that its consolidated sales were around KRW 52.97 trillion (around $44.48 billion) during the second quarter of 2020 and its operating profit stood at KRW 8.15 trillion (around $6.84 […]
- By Asif Iqbal Shaik
- 4 years ago
Samsung jumps to second place in Indian smartphone market amid the pandemic
Samsung ‘s dominance in the Indian smartphone market has been declining for the past few years, and the company had dropped to third place in Q1 2020 in terms of market share. However, the South Korean firm seems to have climbed up the ladder during the second quarter to recapture the second position amid the […]
- By Asif Iqbal Shaik
- 4 years ago
