Samsung suffers 38.9% fall in Q1 net profit
It was the fourth straight quarterly decline in net profit and missed the 4.9 trillion-won average of 23 analyst estimates compiled by Bloomberg News.
Apr 29, 2015, 08:30 AM IST
Samsung Electronics tips better second quarter, though cautious on outlook
Samsung Electronics Co Ltd on Wednesday tipped further earnings improvement in the second quarter after confirming its highest profit in three quarters in January-March, but voiced some caution about the second-half outlook.
Apr 29, 2015, 06:10 AM IST
Cost of Galaxy's battle against iPhone on the rise
The 64-gigabyte model of the Galaxy S6 edge costs $290.45 to make, according to IHS Technology. That`s more expensive than any Galaxy S model and iPhone analysed by the U.S. research company.
Apr 23, 2015, 17:58 PM IST
Cost of Galaxy's battle against iPhone on the rise
Samsung Electronics has pulled out all the stops on its new Galaxy smartphones, but their modest prices compared to the latest iPhones throw an uneasy spotlight on the long-term cost of fighting Apple`s premium branding.
Apr 23, 2015, 12:58 PM IST
Qualcomm to tap Samsung to make new mobile processors: Report
Samsung and Qualcomm declined to comment on Re/code`s report. The report, dated April 20, did not say whether Qualcomm was looking at other manufacturers for the 820 processor besides Samsung.
Apr 21, 2015, 13:26 PM IST
Samsung says expects Galaxy S6 models to set new shipments record
South Korea`s Samsung Electronics Co Ltd said on Thursday it expects record shipments for the latest version of its flagship Galaxy smartphones.
Apr 09, 2015, 09:16 AM IST
Samsung Electronics flags 30.5% drop in Q1 profit
Samsung Electronics on Tuesday flagged better-than-expected profits for the first quarter, with rising demand for memory chips helping offset slumping smartphone sales.
Apr 07, 2015, 08:48 AM IST
Tandoori microwaves help Samsung woo India, counter global dip
Samsung has been in India for two decades.
Apr 01, 2015, 17:21 PM IST
Chinese smartphone firm Xiaomi to set up production in India
Chinese smartphone maker Xiaomi Inc said on Thursday it would invest further and begin local production within 12 to 18 months in India, one of the world`s fastest-growing markets and currently dominated by Samsung Electronics and local firms like Micromax.
Mar 12, 2015, 20:21 PM IST
Samsung Electronics raises production target for new Galaxy phones: Report
South Korea`s Samsung Electronics Co Ltd has raised its production target for the new flagship Galaxy smartphones following positive market reception, the Electronic Times newspaper reported on Wednesday.
Mar 11, 2015, 06:38 AM IST
Samsung Electronics says in talks with Indian states on new factory
South Korean technology giant Samsung Electronics Co Ltd said on Friday that it was in talks with Indian state administrations about building a third manufacturing plant in the country.
Mar 06, 2015, 12:49 PM IST
Samsung Electronics to freeze salaries in Korea for first time since 2009
The last time Samsung Electronics froze salaries was 2009 when the company reeled from the global financial crisis. Since then, it has increased salaries.
Feb 26, 2015, 16:29 PM IST
Samsung, China trade deal give boost to South Korea's yuan hub ambitions
South Korea became the third country in the world to begin direct trading of the yuan for a local currency in December under the aim of grabbing a larger share of the growing business opportunities involving the yuan outside China.
Feb 25, 2015, 13:35 PM IST
Apple slapped with lawsuit for poaching A123 engineers
Electric car battery maker A123 Systems has reportedly filed a lawsuit against Apple for poaching at least five of its employees in order to start a large scale battery division of its own.
Feb 20, 2015, 13:52 PM IST
Samsung buys startup LoopPay, moves toward mobile payments
Samsung Electronics Co Ltd has bought U.S. mobile wallet startup LoopPay, signalling its intention to launch a smartphone payments service to compete with a recent offering from rival Apple Inc.
Feb 19, 2015, 09:00 AM IST
Samsung Electronics earmarking cash for growth, including M&A
Samsung Electronics Co Ltd aims to use its $56 billion cash pile to fund growth including acquisitions, the tech giant`s investor relations chief said, even as more shareholders clamour for bigger dividends.
Feb 17, 2015, 10:55 AM IST
LG Elec takes fight with Samsung over washer damage to YouTube
South Korea`s LG Electronics Inc, whose appliance chief has been indicted on a charge of purposely damaging Samsung Electronics Co Ltd washing machines, issued a video clip that it says shows the executive was merely testing its rival`s products in plain view at a store in Germany.
Feb 16, 2015, 18:55 PM IST
Samsung Display to invest $3.6 billion in new OLED production line
South Korea`s Samsung Display plans to invest 4 trillion won ($3.6 billion) into making organic light-emitting diode (OLED) panels as its parent Samsung Electronics Co Ltd looks to boost components sales to offset weaker smartphone earnings.
Feb 11, 2015, 07:24 AM IST
Amid mobile slump, Samsung needs more outside customers for its chips and panels
As Samsung Electronics Co Ltd sells fewer of its own smartphones, the South Korean group`s components businesses are under pressure to pick up the slack and secure external customers for chips and display panels, including putting these in rival mobile devices.
Feb 10, 2015, 05:39 AM IST
Microsoft, Samsung settle contract dispute over patents
Microsoft and Samsung Electronics Co Ltd have settled a contract dispute over patent royalties, though terms of the settlement are confidential, Microsoft said in a statement on Monday.
Feb 10, 2015, 05:34 AM IST
