Latest Samsung MX news

Samsung’s profit surged 15x in Q2 2024, thanks to the AI boom

Samsung has had a rough couple of years, but the company has emerged with full force to ride the AI boom. The company revealed that it expects its Q2 2024 operating profit to surge 15x, thanks to strong sales of semiconductor chips. These figures are better than market estimates. Samsung's Q2 2024 profit could be […]

By Asif Iqbal Shaik
3 weeks ago

Samsung was the second-biggest tablet brand in the USA

Samsung was the second-biggest tablet brand in the USA, ranking one spot lower than Apple in Q1 2024. While Samsung may not have been able to defeat Apple, the South Korean firm managed to increase its market share by two percentage points, which is a good sign. Samsung was the second-biggest tablet brand in USA […]

By Asif Iqbal Shaik
4 weeks ago

Samsung expects to sell 10-15% more Galaxy phones, tablets this year

Samsung is expecting to sell more smartphones this year than last year. The South Korean firm has reportedly ordered more smartphones and tablets to be manufactured in the second quarter of this year. Production of Galaxy phones and tablets raised by 13% for the first half of 2024 According to a new report from TheElec, […]

By Asif Iqbal Shaik
1 month ago

Sales of Galaxy foldables drop heavily, a cause for concern for Samsung

Samsung had the first movers advantage in the foldable smartphone segment. Its Galaxy Z smartphones were way ahead of the competition, but that isn't the case anymore. The company is falling behind in terms of hardware improvements, and that has started to show up in sales charts. The sales of Samsung's foldable smartphones dropped sharply […]

By Asif Iqbal Shaik
2 months ago

Samsung is the biggest smartphone brand in Latin America

Samsung has been Latin America's biggest smartphone brand for a decade. In the first quarter of this year, the company had the highest market share in the region's smartphone market. However, there is some cause for worry, and the company's sales haven't matched the average sales rise. Samsung was Latin America's biggest smartphone brand in […]

By Asif Iqbal Shaik
2 months ago

Vivo sold more phones than Samsung in India, but Samsung earned more revenue

While Samsung's smartphone market share improved in the US in the first quarter of this year, its sales have dropped in India. It sold fewer smartphones nationwide, allowing Vivo and Xiaomi to overtake it. However, there's good news in terms of revenue. The company sold more higher-end phones and earned the most among all smartphone […]

By Asif Iqbal Shaik
3 months ago

Samsung smartphone sales rise in the US, reach four-year high in Q1 2024

The Galaxy S24 has brought good fortune to Samsung. After launching earlier this year, it has helped Samsung improve its revenue and profits. It has been revealed that Samsung's smartphone sales have increased in the US at the expense of Google and TCL. Sales of Galaxy smartphone sales improved in the USA in Q1 2024 […]

By Asif Iqbal Shaik
3 months ago

Samsung sells more high-end phones than any other Android rival

Samsung sells more high-end smartphones than any other Android smartphone brand. Despite reaching its highest-ever smartphone average selling price (ASP) in Q1 2024, it has a lot of catching up with Apple regarding ASP and revenues. Samsung earns 3x more revenue from its smartphones than any other Android OEM. Samsung earns 3x revenue than any […]

By Asif Iqbal Shaik
3 months ago

Merger of Android and Pixel teams may be good news for Samsung… or it may not

Google recently underwent a major internal reorganization. The company merged its Android and Hardware (Pixel) teams as part of this reorganization. If you don't know already, the Android team was responsible for developing the Android OS and related platforms, while the Hardware team was responsible for Pixel smartphones, smartwatches, tablets, and other hardware products. This […]

By Asif Iqbal Shaik
3 months ago

Wear OS smartwatch market share grows, thanks to Samsung

There's some good news for Samsung and the Wear OS segment overall. A new report indicates that sales of Wear OS-based smartwatches will improve considerably this year. This will come at the expense of Apple's WatchOS, which is quite interesting. Wear OS smartwatches sales to increase in 2024 According to a new report from Counterpoint […]

By Asif Iqbal Shaik
3 months ago

Samsung confirms it is bringing more premium Galaxy Watches

During its earnings announcement earlier today, Samsung revealed something important about its upcoming wearable devices, including the Galaxy Ring and future Galaxy Watches. The company revealed that it will bring more premium Galaxy Watches in the future. Galaxy Watch 7 Ultra, anyone? In its press statement, Samsung revealed that it plans to strengthen the Galaxy […]

By Asif Iqbal Shaik
3 months ago

Samsung profit jumps 933% to $4.8 billion in Q1 2024, beating estimates

Samsung has revealed its financial results for the first quarter of this year, a few weeks after revealing revenue estimates. The company revealed that its revenue rose 13% compared to Q1 2023, while its profit skyrocketed nearly 10x (933%) compared to the year earlier. Samsung's profit jumps nearly 10x in Q1 2024, thanks to strong […]

By Asif Iqbal Shaik
3 months ago

Apple to take different approach than Samsung for AI features on iPhones

Samsung introduced several AI-powered features with the Galaxy S24. Samsung called the Galaxy S24 its first AI Phone. It is the first smartphone brand to go big with AI, seeing the AI boom. And Apple will soon follow Samsung, but its approach will be a bit different compared to its South Korean rival. Apple could […]

By Asif Iqbal Shaik
3 months ago

South Koreans spend most on phones, which is good news for Samsung

Last year was terrible for smartphone brands, as sales declined year-over-year. However, not everything was bad. People have actually started spending more on smartphones, and a new report reveals how much people spend on average. Consumers in Samsung's home country spent the most on average on smartphones, bringing a good outlook for Galaxy S and […]

By Asif Iqbal Shaik
3 months ago

Samsung grew its smartphone market share in India, ranked first again

Despite challenging market conditions globally, Samsung has been quite resilient in India over the past year. While Apple stole Samsung's crown in 2023 worldwide, it isn't even close in the Indian market. In Q1 2024, Samsung was India's biggest smartphone manufacturer, and it achieved growth compared to Q1 2023. Samsung performed well in the Indian […]

By Abid Iqbal Shaik
3 months ago

News For You