SK hynix has reported 1.59 trillion won in operating profit in the first quarter, up 50.2 percent from a year earlier, on stronger margins for key products and cost-cutting. It beat the market consensus of 1.4 trillion won. Its first-quarter operating profit was the second-largest in its history, following a record 1.67 trillion won a quarter earlier. SK hynix posted 1.29 trillion won in net profit, up 61.5 percent from a year ago, it said Thursday. Sales came in at 4.82 trillion won, up 29 percent from a year earlier.
Spreadtrum Communications has announced that its quad-core mobile chipset, the SC7730ST, and its dual-core mobile chipset, the SC7727S, have been adopted by Samsung Electronics in a series of tablets and smartphones. The SC7730ST is now shipping in Samsung’s Galaxy Tab 3 V tablets, which are 7-inch models available with WCDMA (SM-T116 series) and Wi-Fi ( SM-T113 series) features. These tablets, designed with Spreadtrum’s 1.3GHz quad-core processor, feature a 7-inch WSVGA display, a 2MP camera, 8GB internal memory and 1GB RAM, a 32GB MicroSD slot and extended battery life of up to eight hours on video playback.
Amazon Web Service (AWS), the world’s leading cloud service provider, showed confidence that Korea’s conservative public organizations and financial institutions will adopt its cloud service. “It is quite possible that the nation’s public organizations and financial institutions will introduce AWS cloud services once we can handle their issues related to regulations and compliances,” AWS Korea’s managing director Doug Yeum said during a press conference in Seoul, Monday.
Ever since reaching a sales zenith in 2013, Samsung smartphones have been facing an increasing challenge from their Chinese counterparts, losing ground to Chinese brands such as Huawei, Lenovo and Xiaomi in the mainland market in 2014 and also suffering strong competition from Chinese rivals in international markets, according to the Shanghai-based China Business News (CBN).
Samsung Electronics said Wednesday it expects the sales of the Galaxy S6 and S6 Edge phones to breach the 70-million mark. “The Galaxy S6 and S6 Edge are drawing positive responses. I have no doubt that they will be the biggest-sellers in the Galaxy series ever,” an executive said ahead of his participation in a weekly meeting with presidents of Samsung affiliates at the company’s Seocho headquarters in southern Seoul, Wednesday. Asked about sales estimation, he said, “We expect 70 million plus.”
Semiconductor capital spending by Samsung Electronics is expected to reach an all-time high of US$15 billion in 2015, making the company’s capex the world’s highest in the semiconductor industry for the sixth straight year since 2010, according to an estimate of Digitimes Research. Meanwhile, SK Hynix’s capex is expected to stay flat at US$5.1 billion in 2015 as compared to the previous year. Samsung’s capex for system ICs in 2015 will reach US$4 billion compared to US$2.9 billion in the previous year, mainly to finance the commencement of its Line-17 fab in Hwaseong, Gyeonggi Province and a continued build-up of its 14nm production capacity at its plant in Austin, Texas.
Buoyed by a market-beating first-quarter performance, Samsung appeared to regain much of its confidence with its mobile chief appealing to customer loyalty for its latest Galaxy 6 and Edge smartphones on the eve of the start of global sales. “Sales of the S6 depend on the intensity of your support,” co-CEO Shin Jong-kyun said at a news conference to launch the device in Korea, Thursday.
Taiwan’s Hon Hai Precision and South Korea’s SK C&C, a subsidiary of SK Group, will establish a joint venture to provide information technology services in mainland China. Hon Hai said that the joint venture will first provide information technology services to Hon Hai’s plants in mainland China and offer integrated security systems to other companies in mainland China. According to Hon Hai, the joint venture, which will be formally launched in May 2015, will also explore information technology business opportunities in medical and financial sectors.
Korea’s telecom authorities are being increasingly pressurized to allocate the 700-megahertz (MHz) frequency for greater use by local telecom carriers to help them grab the lion’s share in the heated competition for next-generation wireless technologies. Analysts and even government officials have agreed that the 700MHz bandwidth will generate greater economic value when it is used for mobile carriers instead of terrestrial broadcasters, and should be allocated for telecom industry, an expert said.
At an event today in Singapore, Samsung revealed launch dates for the new Galaxy S6 and Galaxy S6 Edge phones across Asia. The launches happen on eight dates throughout this month – starting with the global debut on April 10 – and cover much of the continent. We can add to that two other known dates – mainland China on April 10 and Hong Kong on April 20. The new model has been met with with largely favorable reviews but still faces a huge challenge in Asia with the iPhone 6 cornering the high-end market and new brands like Xiaomi undercutting Samsung on price.
Qualcomm’s next-generation application processor (AP), the Snapdragon 820, is expected to outsource to Samsung Electronics using a 14nm node, which the Korea-based foundry house has demonstrated as a proven process as showcased by the performance and power consumption of its14nm EXynos 7420 CPU developed in house, according to Digitimes Research.
NEW DELHI: It looks like Samsung is working on a new version of its Galaxy Tab Pro 8.4 tablet that supports iris recognition. California (US)-based Stanford Research Institute (SRI), has issued a press informing that it has exclusively licensed its Iris on the Move (IOM) technologies to Samsung for use in Samsung mobile products. Additionally SRI has inked a supply agreement to start production and sales of the IOM technology-embedded Samsung mobile products for enterprise and business to business (b2b) applications.
Foxconn Electronics (Hon Hai Precision Industry) on March 26 announced cooperation with SK C&C, a South Korea-based IT service provider, to establish a joint venture for tapping the China’s IT service market. The joint venture will start operations in May 2015. Foxconn in June 2014 invested NT$10.8 billion (US$342 million) for a 4.9% stake in SK C&C. The joint venture will initially apply IT services to automated production lines at Foxconn’s factories in China, creating a model of integrating IT services with industrial automation for China-based manufacturers.
Samsung Electronics will lead the world’s top-10 smartphone vendor rankings in 2015, followed by Apple, Lenovo, LG Electronics, Huawei, Xiaomi Technology, Microsoft, TCL Communication Technology, Coolpad and Oppo, according to Digitimes Research. Samsung and Apple will ship over 330 million and 230 million smartphones, respectively in 2015, while Lenovo will ramp up its shipments to 84 million units following the completion of its acquisition of Motorola Mobility.
NEW DELHI: Samsung seems to be taking a leaf from rival Xiaomi’s book. The South Korean manufacturer reportedly has plans to sell its smartphones online-only, a strategy made popular by Xiaomi. According to a report by Korea Times newspaper, Samsung plans to sell its smartphones via leading e-commerce websites in India, Vietnam and China. Citing supply chain sources, the report says that Samsung aims to save on sales costs through its new online-only plan. Moreover, this means that Samsung will be able to sell its products cheaper to the consumers.
Qualcomm, which is believed to have lost processor orders for the Galaxy S6 series smartphones from Samsung Electronics, is vying for orders for the upcoming Galaxy Note 5, according to industry sources. The recently-introduced Galaxy S6 flagship smartphones are powered by Samsung-designed Exynos processors, and did not come with two versions as what the previous-generation Galaxy S4 has, the sources said.
Microsoft’s Office apps will be pre-installed in some Samsung tablets running Google’s Android system, extending an agreement to put some Microsoft apps on the new Samsung Galaxy S6 phone. The move is the latest in Microsoft’s efforts to get its cloud-enabled software into the hands of as many customers as possible, regardless of platform or device. Microsoft said Samsung will pre-install Word, Excel, PowerPoint, Skype and its note-taking and cloud storage apps on certain tablets in the first half of this year.
Fans of the upcoming Samsung Galaxy S6 and S6 Edge will not have to wait much longer as the next generation flagships will finally be launched in about a week from now come April 2. It comes as no surprise as both smartphones were revealed only last month at the Samsung Unpacked in Barcelona. The flagships will see a complete redesign of Samsung’s premium Galaxy smartphone look which now incorporates a slim body made aerospace-grade aluminium alloy and glass surface on the front and rear.
Daum Kakao, the public-listed firm responsible for one of Korea’s largest web portal in Daum and chat app KakaoTalk, has acquired 100 percent of K Cube Ventures, an early stage venture capital firm that backs primarily Korean companies along with a few Asia-Pacific ones. Daum Kakao will add another US$15 million into K Cube’s kitty to launch a new early stage fund, and in the process, K Cube will become the acquirer’s corporate investment arm.
Netmarble’s new mobile game “Raven with Naver” is leading major mobile application stores here, shedding new light on market success through a publishing platform other than Kakao Game. The nation’s leading mobile game provider said Raven, a mobile action role-playing game, has been ranked on the top perch in the top-grossing charts of both Google’s Play and Apple’s Appstore since March 17, five days after its release. The game ended the months-long lead of mobile strategy game “Clash of Clans,” developed and published by the Finnish game company Supercell.