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Indian smartphone market slumps in Q3 2022, but Samsung led 5G segment
There is not much good news for the Indian smartphone market, according to the International Data Corporation's (IDC) worldwide quarterly smartphone sales tracker. As per the report, the Indian smartphone market saw the worst Q3 shipment numbers since 2019. The shipment fell 10% YoY, with total shipments standing at 43 million units in Q3 2022. […]
- By Sagar Naresh
- 1 year ago
Samsung asks iPhone users not to wait for Apple to deliver epic phones
Samsung never shied away from poking fun at Apple, often extending its arm to reach iPhone users in hopes of winning them over to the blue side. As you may have guessed, the company's US marketing department has just launched another ad, and this time it's asking Apple customers — iPhone users, in particular — […]
- By Mihai Matei
- 2 years ago
Samsung leads Indian smartphone market with highest sales, revenue during festive period
The latest report by Strategy Analytics brings some good news for Samsung. According to the report, the Indian smartphone sales revenue grew 17% year-on-year to $2.1 billion in just the first eight days of festive sales from September 23 to 30. The report also stated that Samsung took the lead in the festive sales period […]
- By Sagar Naresh
- 2 years ago
Samsung wants to become a one-stop semiconductor chip solution for its clients
Samsung held its annual Tech Day 2022 event yesterday in San Jose, California, in the US. It was the company's first in-person event in the past three years, and more than 800 customers and partners attended it. During Samsung Tech Day, the company announced various new semiconductor products and technologies that will drive the next […]
- By Asif Iqbal Shaik
- 2 years ago
Ex-Samsung employees sentenced to jail for leaking tech to China
Former employees of a Samsung Electronics subsidiary have reportedly been sentenced to 18 months in prison by the Seoul Central District Court for leaking information to a company in China. The latter company used the leaked information to develop semiconductor manufacturing technologies at a new factory it built specifically for the task. The convicted employees […]
- By Mihai Matei
- 2 years ago
Samsung confirms it is in talks with Tesla to become a camera supplier
Over the past year or so, we came across a few reports suggesting that Samsung is trying to become a camera supplier for the world's largest EV (electric vehicle) manufacturer, Tesla. The Korean tech giant finally put an end to speculations today and confirmed that it is, indeed, in talks with Tesla. Samsung Electro-Mechanics says […]
- By Mihai Matei
- 2 years ago
Samsung’s workforce in China continues to shrink
As per the latest report by BusinessKorea, Samsung has reduced its workforce in China by more than 70%. It now stands at around 10,000. Eight years ago, Samsung Electronics' Chinese workforce peaked at 63,316. It gradually decreased to 60,000 in 2014, below 50,000 in 2015, and below 40,000 in 2017, due to multiple issues, including […]
- By Sagar Naresh
- 2 years ago
[Update] Samsung defeats LG to win all orders for Tesla electric truck cameras
Update: A spokesperson for LG Innotek has confirmed that LG Innotek did not participate in the Tesla tender, therefore, Samsung Electro-Mechanics did not outbid it to win the contract. The supply of components is a big business for the Samsung Group. Even though Samsung has decided it's not going to make electric cars of its […]
- By Adnan Farooqui
- 2 years ago
Samsung to use more LG batteries in its low-end and premium phones
Samsung may have driven LG out of the smartphone market, but it's more than happy to source components from LG's battery division for its own smartphones. A new report out of South Korea claims that Samsung is looking to source more batteries from its historic rival. The company is reportedly willing to use LG batteries […]
- By Adnan Farooqui
- 2 years ago
Samsung led a declining European smartphone market in Q1 2022
Smartphone shipments across the European continent declined 10% year-on-year in Q1 2022, and Samsung's market share decreased within the same three-month period. Fortunately for Samsung, it remains the top smartphone brand in Europe and continues to lead the market ahead of Apple and Xiaomi. The European smartphone market recorded 41.7 million shipments in Q1 2022 […]
- By Mihai Matei
- 2 years ago
Samsung is negotiating to increase contract chip manufacturing prices
Amid the ongoing semiconductor supply shortage, Samsung is reportedly in the process of increasing prices for chip contract manufacturing later this year. Samsung could increase contract-based chip manufacturing prices by up to 20% in the second half of 2022. The company is reportedly in talks with its clients about the price hike. (Via Link News […]
- By Mihai Matei
- 2 years ago
Samsung’s Q1 2022 profit jumps 51%, thanks to strong chip and smartphone sales
Earlier this month, Samsung had posted its revenue estimates for Q1 2022. Today, the company published actual earnings for the first quarter of the year, and the results have been nothing short of amazing. The company's revenue rose 18%, while the operating profit jumped 51% compared to Q1 2021. Samsung revealed that its revenue during […]
- By Asif Iqbal Shaik
- 2 years ago
Samsung pours $25 million into holoportation metaverse startup
Countless companies have come to view the metaverse as the next-gen way to connect to and interact with the internet. That fictional future of a holographic virtual reality internet envisioned by the cartoon Futurama years ago no longer seems as far-fetched, as tech giants are continuing to build their own parts of the metaverse and […]
- By Mihai Matei
- 2 years ago
Samsung is getting close to becoming an Apple M2 chip supplier
Samsung wants to continue to play a part in Apple's ambitious chipset plans. The Korean tech giant is reportedly pushing to secure a position in Apple's supply chain for the M2 processor, similar to how it helped Apple get the M1's production off the ground. Apple took the PC and mobile world by storm with […]
- By Mihai Matei
- 2 years ago
Extended lockdown would hurt Samsung’s semiconductor factory in Xian
Amidst the rising cases of COVID-19, China has partially locked down Xian from April 16 to 19 to curb the spread of the virus. However, this doesn't seem to be a good sign for Samsung Electronics' semiconductor factory in Xian. Because, according to BusinessKorea, the semiconductor production in the Samsung factory is likely to be […]
- By Sagar Naresh
- 2 years ago
