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Samsung invests in a company that’s working on AI to rival Siri, Alexa and Google Assistant
After a decade's worth of research and development, SoundHound launched its voice assistant platform Houndify for iOS and Android in March last year. The company is constantly working to improve its artificial intelligence assistant so that it can better compete with the likes of Siri, Alexa and Google Assistant. It develops what it calls “Collective […]
- By Adnan Farooqui
- 7 years ago
Apple edged past Samsung in the global smartphone market during Q4 2016
Apple edged past Samsung during the fourth quarter of 2016 in the global smartphone market. According to a report from Strategy Analytics, Apple captured a market share of 17.8 percent, while Samsung captured 17.7 percent share of the market. Chinese smartphone vendors Huawei (10.2%), Oppo (6.7%), and Vivo (5.8%) stood third, fourth, and fifth, respectively. […]
- By Asif Iqbal Shaik
- 7 years ago
Samsung reveals its strategy to grow smartphone business in 2017
Samsung posted its full Q4 2016 earnings today. Despite taking a hit due to the Galaxy Note 7 recall, the company's IT and Mobile Communications division posted an operating profit of 2.50 trillion won ($2.14 billion) on consolidated revenues of 23.61 trillion won for the final quarter of last year. It says that the fourth […]
- By Adnan Farooqui
- 7 years ago
Samsung calls on court to not issue arrest warrant for vice chairman Lee Jae-yong
Samsung Electronics Vice Chairman Lee Jae-yong has served as the defacto head of the Samsung Group conglomerate ever since his father Chairman Lee Kun-hee suffered a heart attack in 2014. He will eventually replace his father as chairman and the process of his succession has already been put in motion. However, a corruption and bribery […]
- By Adnan Farooqui
- 7 years ago
Samsung Electronics shares hit another record high
Despite all of the troubles that it has had to put up because of the Galaxy Note 7 over the past few months, investors are still confident in Samsung's business and that confidence is reflected in the performance of the company's stock. Samsung Electronics shares have hit a fresh record high of 1.86 million won […]
- By Adnan Farooqui
- 7 years ago
