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![[Updated] Samsung looks at China and Taiwan to protect its most valuable business](https://www.sammobile.com/wp-content/uploads/2017/07/Samsung-Chip-Plant-Pyeongtaek-South-Korea-224x125.jpg)
[Updated] Samsung looks at China and Taiwan to protect its most valuable business
The chipmaking business is one of Samsung's most valuable businesses. It has been a major cash cow for the company, delivering a big chunk of its revenues and profits. However, the business has come under threat due to the ongoing trade dispute between Japan and South Korea. Japan has imposed strict export controls on materials […]
- By Adnan Farooqui
- 5 years ago
How Samsung has reshuffled its business to better focus on China
It has been a year since Samsung's market share dipped below 1 percent in China. The company has apologized for its poor performance in the lucrative market and vowed to do more. Samsung mobile boss DJ Koh said that efforts would be made to transform the business into a “truly localized” Chinese company. Samsung altered […]
- By Adnan Farooqui
- 5 years ago
Q1 2019 earnings report: Samsung posts its lowest profits in three years
A few weeks ago, Samsung released its earnings guidance for the first quarter of 2019, estimating a 60% decline in operating profits. The company has now published a detailed report confirming that projection with an operating profit of 6.23 trillion won (about $5.35 billion), a drop of 60.2% from 15.64 trillion won a year ago. This is Samsung's worst performance since […]
- By Sumit Adhikari
- 5 years ago
Samsung just lost the ace in its marketing hand
In a surprise turn of events, Samsung US Chief Marketing Officer Marc Mathieu resigned last week, following an internal investigation into how his division operated in a bid to discern whether his staff offered bribes to marketing partners — a serious breach of the firm's code of conduct. But why's that newsworthy? Well, Mathieu was […]
- By Josh L.
- 5 years ago
Samsung Electronics beats P&G to emerge as the world’s largest advertiser
According to a new report from Ad Age, Samsung Electronics beats consumer goods giant Procter & Gamble (P&G) to emerge as the world’s largest advertiser in 2017. The rankings which are based on reported and estimated spending by companies on various forms of advertising, including sales promotions, placed Samsung’s spending at a whopping $11.2 billion […]
- By Naresh
- 5 years ago
Samsung Q3 2018 earnings guidance predicts record profits
The Samsung Q3 2018 has been officially released today. As expected, the company is predicting record profits for the period compared to last year. Analysts have already been expecting it to post record third-quarter profits this year. The company's chip business is once again the star of the show. It has benefitted from increased demand […]
- By Adnan Farooqui
- 6 years ago
Samsung’s mobile division continues to struggle
Samsung earned $14.13 billion in operating profit in the fourth quarter of last year but this stellar performance can't really be attributed to the company's mobile division. Samsung's mobile business has been under pressure for quite a while now due to several factors such as increasing competition from Chinese rivals in key markets. The company […]
- By Adnan Farooqui
- 6 years ago
Samsung India’s mobile revenue up by 27%
As per a report in Economic Times, Samsung India’s mobile revenues have registered a growth of 27% for the financial year ending March 2017. During the year, Samsung India clocked a total revenue of INR 57,000 crore (~$8.9 billion) – an increase of 20% year-on-year. Samsung India’s mobile revenues which account for 60% of the total […]
- By Naresh
- 6 years ago
Samsung Q3 2017 earnings guidance predicts record profits
Samsung became the world's most profitable tech company in the second quarter of this year. While some analysts expected the momentum to slow down, that might not be the case. The Samsung Q3 2017 earnings guidance has been released today and it predicts record profits for the second quarter straight. Samsung reported 61 trillion won […]
- By Adnan Farooqui
- 7 years ago
US semiconductor firm files a lawsuit against Samsung
Tessera Technologies, a US-based semiconductor company, filed a lawsuit against Samsung last week, industry sources revealed on Friday. The firm claims that Samsung made use of some twenty-four patented items, covering a range of semiconductor processing, bonding and packaging technologies, to manufacture components used in the Galaxy S6, Galaxy S7, Galaxy S8 and Galaxy Note […]
- By Josh L.
- 7 years ago
Forbes names Samsung Group among top five influential Asian firms
The US-based business magazine Forbes has named Samsung Group among the top five influential firms in Asia. The South Korean consumer electronics giant has been named among firms like China's Alibaba, India-based HDFC Bank, Sony, and Toyota, thanks to its achievements in the technology segment. Forbes mentioned that the companies it listed as the top […]
- By Asif Iqbal Shaik
- 7 years ago
Samsung’s Q3 2017 earnings may beat expectations
It has a very good year for Samsung in terms of financials, especially after what happened last year with the Galaxy Note 7 and its heir apparent's arrest on bribery charges earlier this year. The company leapfrogged Apple last quarter in terms of earnings, and it is now being reporeted that the company's Q3 2017 […]
- By Asif Iqbal Shaik
- 7 years ago
Analysts expect a slowdown in Samsung’s earnings growth in Q3 2017
Samsung became the world's most profitable tech company in Q2 2017. It posted an operating profit of $12.67 billion for the quarter, a 72.7 percent improvement compared to the same period last year. Revenue clocked in at $54.7 billion for the April-June 2017 period. The company will certainly work hard to ensure that it maintains […]
- By Adnan Farooqui
- 7 years ago
Things won’t improve for Samsung’s mobile division next quarter but this is how it will respond
Samsung doesn't provide shipment figures for smartphones in its quarterly earnings releases so it's unknown precisely how many units the company has shipped in the second quarter of this year. We will soon see estimates from industry trackers, though. The company today reported its earnings for Q2 2017. It has seen strong sales throughout the […]
- By Adnan Farooqui
- 7 years ago
Samsung’s Q2 2017 earnings cement its status as the world’s most profitable tech company
Some people might have thought that Samsung had taken its eye off the ball with everything that happened since last year. There was the spectacular failure of the Galaxy Note 7 and a leadership crisis that landed the conglomerate's heir apparent behind bars in a corruption probe. Despite all of that, the company's earnings guidance […]
- By Adnan Farooqui
- 7 years ago
