Samsung released its Q4 2014 earnings report today, revealing an entirely expected slump in smartphone sales caused by sharper and cheaper competition around the world. So, Samsung’s phone sales are going down (though no unit sales figures are provided), and the company is instead bolstered by parts manufacturing for other firms.
Qualcomm has changed the estimated amount of Snapdragon 810 sales following the loss of a “large customer” – most likely Samsung – after reported trouble meshing with the Galaxy S6. Reports started circulating around a week ago that Samsung would drop the Snapdragon 810, following Qualcomm’s decision not to make a custom version for the Galaxy S6.
SEOUL: Apple caught up with Samsung as the world’s biggest smartphone vendor in the fourth quarter of 2014, thanks to booming sales of its new iPhone 6, market researcher Strategy Analytics said Thursday (Jan 29). Apple reported a record net profit of US$18 billion in the quarter, on the back of what the California tech titan described as “staggering” iPhone 6 sales – especially in China.
Samsung will reportedly benefit from the release of the Galaxy S6 in more ways than one. Samsung’s Electro-Mechanics subsidiary (SEM), which makes its camera modules (among many other things), is supplying the phone with a 20-megapixel optical image stabilization-equipped snapper, reports Korea’s ETNews.
Samsung Electronics agreed to team up with Oracle for mobile cloud services, a move aimed at expanding the Korean tech giant’s client profile and help it lead in the race for new ecosystems in the mobile industry. “Samsung Electronics’ mobile chief Shin Jong-kyun discussed issues over mobile cloud computing services with Oracle’s co-CEO Mark Hurd on Jan. 22 in Seoul. The meeting place wasn’t Samsung Electronics’ Seocho office, southern Seoul,” said an official directly involved with the matter.
SEOUL: South Korea’s Samsung Electronics Co Ltd will be the main supplier of processors powering Apple Inc’s next iPhone, Maeil Business Newspaper reported on Monday, citing unidentified sources in the semiconductor industry. Samsung will be responsible for around 75 per cent of the chip production for the next iPhone, the South Korean newspaper said.
Samsung Electronics Vice Chairman Lee Jae-yong met with Chinese Vice Premier Wang Yang at the Shilla Hotel in Seoul Friday to discuss partnership. The Lee-Wang meeting came a year after they talked about key issues in Beijing, China, in February, the company said. “Samsung will expand partnership with Chinese provincial cities, regional governments and main Chinese companies to boost trade between the two countries,” Lee was quoted as saying in a statement.
NEW DELHI: Buoyed by the market response to its Tizen OS-based smartphone in India, tech giant Samsung plans to manufacture the ‘Z1′ at its Noida facility soon. The South Korean firm, which is the world’s largest smartphone player, had launched the device earlier this month in India. “The compelling proposition of an easy to use and clutter free interface (of Z1), along with premium design has met wide consumer acceptance… The Z1 will be manufactured in company’s Noida plant in UP,” Samsung India Vice President Marketing (Mobile and IT) Asim Warsi told .
Apple’s iPhone is on a roll in a number of important Asian markets, according to a new report from Counterpoint Research (hat-tip to the Wall Street Journal for spotting this). The iPhone hit a record high sales market share in South Korea, accounting for 33 percent of monthly sales in the country in November. The stronger shipments of the iPhone in South Korea seem to have coincided with a big slip for Samsung:
Samsung Electronics will release an updated Galaxy Note 4 this week with the world’s fastest tri-band LTE-A wireless technology. A tri-band LTE-A wireless network is three times faster than the current LTE-A service, with download speeds of 300Mbps; meaning just 28 seconds will be needed to download a 1 GB movie. The release comes at a time when three domestic mobile carriers are embroiled in a dispute over SK Telecom’s claim that it has succeeded in offering the tri-band LTE-A service.
SEOUL: Samsung on Wednesday (Jan 14) launched its first smartphone using its home-grown Tizen operating system, aimed at breaking the South Korean electronics giant’s dependence on Google’s Android. The Samsung Z1, which has 3G capability and a liquid-crystal display, was launched in India with a price tag of 5,700 rupees (US$90), the world’s largest smartphone maker said in a statement.
Samsung Electronics and Globalfoundries have secured a combined 70% of orders for Apple’s A9 processors with their 14nm FinFET technology, according to industry sources. Samsung will be ready to produce 30,000-40,000 12-inch wafers monthly to meet demand on its 14nm process node, with the demand from both Apple and Samsung’s own handset division, said the sources. Samsung will also be building its next-generation Exynos processor on its own 14nm process.
Samsung Electronics said Thursday that it has no plans to buy BlackBerry, denying a report that the tech giant approached the struggling smartphone-maker about acquisition. “The report is totally groundless. Samsung has no interest in buying BlackBerry,” Samsung spokeswoman Lim Yoon-jeong said. The denial came a few hours after BlackBerry issued a statement also denying the report.
Samsung Electronics recently approached BlackBerry about buying the company for as much as US$7.5 billion (A$9.2 billion), looking to gain access to its patent portfolio, according to a person familiar with the matter and documents seen by Reuters. South Korea’s Samsung proposed an initial price range of US$13.35 to US$15.49 per share, which represents a premium of 38 percent to 60 percent over BlackBerry’s current trading price, the source said.
SEOUL: Samsung and Blackberry have splashed frigid water on a report that Samsung wants to make a $7.5 billion takeover offer for the struggling Canadian device maker. That, however, did not stop tech industry watchers from dissecting all the possibilities. Once strong in mobile devices, Blackberry is now an also ran, overtaken by the touchscreen offerings of Apple and Samsung. But analysts say it has technology and intellectual property that could make it attractive to Samsung, which is looking to revive growth momentum in its smartphone business faltered.
NEW DELHI: Samsung has launched Z1, its first Tizen OS-powered smartphone at Rs 5,700. The phone will be available starting 14 January in white, black and wine red colours. Samsung Z1 sports a 4-inch WVGA (480x800p) PLS display. It is powered by a 1.2GHz A7 dual-core processor and 768MB RAM and comes with 4GB internal storage expandable up to 64GB via microSD card. It runs Tizen 2.3 OS.
A new rumor suggests Apple might have contracted Samsung to be the primary manufacturer for the S1 chip, the processor inside the upcoming Apple Watch. Apple reportedly has acquired 3,000 to 4,000 12-inch wafers every month from Samsung, in an attempt to have sufficient hardware units before the launch in spring, according to ZDNet. Each 12-inch wafer has 700 processors, meaning Apple will be grabbing 2.5 million new processors every month. By the time the Apple Watch launches, Apple should have a healthy supply of available processors.
BEIJING: Xiaomi zoomed past Apple and Samsung Electronics in China smartphone sales just three years after releasing its first model. Founder Lei Jun is now on a buying spree to take that momentum beyond handsets. Since November, the maker of Mi devices has participated in more than $600 million of investments in three firms and announced it bought into dozens of startups making everything from an air purifier to low-energy light bulbs.
Samsung Electronics’ strategy to try to capture market share with lower-cost smartphones appears to be cutting into profits as competition builds up from Chinese players. The South Korean company reported Thursday in a pre-earnings guidance that its operating profit in the fourth quarter of 2014 is likely to have fallen by about 37 percent to the range of 5 trillion won (US$4.55 billion) and 5.4 trillion won, from 8.3 trillion won a year ago. Sales are expected to be between 51 and 53 trillion won, compared with 59.28 trillion in the same quarter a year earlier.
NEW DELHI: Samsung today launched the Galaxy E5 and E7 smartphones in India, making it the first country in the world to get the two smartphones. Along with them, the company also unveiled its metal-bodied Galaxy A3 and A5 mid-range smartphones in India. While Samsung Galaxy A3 and A5 will be available for sale next week, the Galaxy E5 and Galaxy E7 smartphones will hit the market later this month.