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    Latest News

    Samsung chip unit planning generous employee bonuses in H1Y20

    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
    Samsung may not make chips on the 4nm process, jump to 3nm instead

    Samsung may not make chips on the 4nm process, jump to 3nm instead

    Samsung confirmed a couple of months ago that it would start manufacturing chips on the 5nm process node from Q2 2020. The Exynos 992 is expected to be built on this process technology. It's the chip that we might find inside the Galaxy Note 20. Can we expect it to be business as usual when […]

    • By Adnan Farooqui
    • 4 years ago
    ‘There will be no future’ if Samsung stops, chief says ahead of AI hiring spree

    ‘There will be no future’ if Samsung stops, chief says ahead of AI hiring spree

    As the world keeps suffering the effects of a historic pandemic, Samsung is embarking on a major hiring spree because it dreads any other alternative, a top executive said. “There will be no future” in the event Samsung stops pushing forward, Vice Chairman and heir apparent, Lee Jae-yong, said earlier today. Lee gave the dramatic […]

    • By Dominik Bosnjak
    • 4 years ago
    Samsung US closes huge gap in online smartphone sales with Apple

    Samsung US closes huge gap in online smartphone sales with Apple

    Samsung's smartphone unit achieved another major win in the world's most lucrative mobile market, having even managed to do so at Apple's expense.

    • By Dominik Bosnjak
    • 4 years ago
    Samsung leads India’s premium segment in Q1 thanks to these phones

    Samsung leads India’s premium segment in Q1 thanks to these phones

    Samsung managed to recapture India's premium smartphone segment by shipment market share in Q1 2020 even if zero shipments were recorded in the last week of March due to the COVID-19 lockdown, according to fresh data from Counterpoint Research. This was the first time in the last four quarters when Samsung led the premium market […]

    • By Mihai Matei
    • 4 years ago
    Samsung profits decline 53% in 2019, improvement likely this year

    Samsung profits decline 53% in 2019, improvement likely this year

    The earnings estimate that Samsung released three weeks ago for the fourth quarter of last year showed that the company's 2019 full-year profit would decline a whopping 53 percent compared to 2018. That was confirmed today when Samsung published its full earnings report for Q4 2019 and the fiscal year 2019. Samsung reported revenues of […]

    • By Daniel van Dorp
    • 4 years ago
    Samsung tops Q3 sales in South Korea, making the competition look bad

    Samsung tops Q3 sales in South Korea, making the competition look bad

    Samsung's influence in the global mobile space is massive, with some markets showing a higher affinity for Galaxy smartphones than others. South Korea is one of the places where the Samsung brand is dominating the competition, and the company's home country is looking a little bit like its own playground as well. According to a […]

    • By Mihai Matei
    • 4 years ago
    Samsung’s Q3 market share in Japan increased threefold year-on-year

    Samsung’s Q3 market share in Japan increased threefold year-on-year

    Samsung's smartphone market share in Japan was three times larger in Q3 2019 compared to a year ago, according to a recent report from domestic media outlet The Korea Herald citing Strategy Analytics. Samsung reportedly shipped 500,000 smartphones throughout the July-September period, or 100,000 fewer units compared to the previous quarter. The company's market share […]

    • By Mihai Matei
    • 4 years ago
    Samsung’s profit falls 56% in Q3 2019 but mobile exceeds expectations

    Samsung’s profit falls 56% in Q3 2019 but mobile exceeds expectations

    Samsung released its earnings guidance for Q3 2019 and predicted that its operating profit would be down 56 percent compared to the same period last year. The company today released its full earnings for the quarter. While the profit decline might signal to some that Samsung hasn't been doing enough to stop the bleeding, it […]

    • By Adnan Farooqui
    • 5 years ago
    Samsung predicts 56% profit fall for Q3 2019 and that’s a good sign

    Samsung predicts 56% profit fall for Q3 2019 and that’s a good sign

    Samsung today released its earnings guidance for the third quarter of the year. It expects operating profit for the quarter to fall 56 percent compared to the same period last year. While that may seem like bad news, it's actually an indication that the strategy Samsung has been on for the past few quarters is […]

    • By Adnan Farooqui
    • 5 years ago
    Samsung Q3 2019 operating profit may fall by 60%

    Samsung Q3 2019 operating profit may fall by 60%

    Samsung has been facing a challenging business environment for the past few quarters. That was reflected in the company's bottom line. Its profit plunged by 56 percent in the second quarter of this year compared to the same period last year. The primary reason is the supply glut of NAND flash and DRAM chips. Semiconductors […]

    • By Adnan Farooqui
    • 5 years ago
    Samsung hopes to boost its smartphone business in China with 5G phones

    Samsung hopes to boost its smartphone business in China with 5G phones

    Samsung has been reduced to a fringe player in the Chinese smartphone market with the company’s market share dropping below 1% in recent quarters. The scale of its decline in the world’s largest smartphone market can be gauged from the fact that the Korean company once used to hold around 20% market share there. Samsung […]

    • By Naresh
    • 5 years ago
    Samsung secures 6 months’ worth of photoresist amid trade restrictions

    Samsung secures 6 months’ worth of photoresist amid trade restrictions

    Samsung Electronics managed to secure another batch of photoresist from Japan on Monday amid trade restrictions, according to a KBS report cited by ZDNet. Although the trade dispute between South Korea and Japan continues, the Japanese government has reportedly agreed on exporting enough photoresist to allow Samsung to manufacture semiconductors for six months. That is on top […]

    • By Mihai Matei
    • 5 years ago
    Samsung’s profit falls by 56% due to slow chip and flagship phone sales

    Samsung’s profit falls by 56% due to slow chip and flagship phone sales

    Samsung had warned investors in its earnings guidance for Q2 2019 that there will be a significant decline in profit for the period ending June 2019 compared to a year ago. It warned that the profit would decline by 56 percent as revenue slid by 4 percent compared to Q2 2018. The company has posted […]

    • By Adnan Farooqui
    • 5 years ago
    Samsung may team up with LG following Japanese trade restrictions

    Samsung may team up with LG following Japanese trade restrictions

    Samsung's semiconductor and display businesses are under serious threat due to the deepening trade dispute between Japan and South Korea. And fearing the worst, Samsung seems to have drawn up its contingency plans. The company is reportedly turning to domestic suppliers for the crucial materials. Samsung is also looking to diversify its smartphones parts suppliers. LG to supply smartphone […]

    • By Sumit Adhikari
    • 5 years ago
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