Latest Samsung News

  • Samsung hints at new smartwatch on Apple Watch launch day
    Samsung hints at new smartwatch on Apple Watch launch day Fri, Apr 24, 2015

    Samsung Electronics Co Ltd teased the market with hints of a new version of its Gear smartwatch on Friday, the same day that rival Apple Inc's long-awaited wearable devices went on sale. The South Korean tech giant's official blog post showed images of smartwatch with a round face - which would be a first for Samsung - and naming several partners, including Baidu Inc, Yelp Inc and CNN. Samsung also said it would release a wearable software development kit for third-party developers ahead of the launch. The blog post came as the Apple Watch went on sale without the fanfare typical of the U.S. firm's major product rollouts. More »

  • China's smartphone makers bet on cricket, Bollywood to conquer India
    China's smartphone makers bet on cricket, Bollywood to conquer India Thu, Apr 23, 2015

    By Aman Shah and Aditi Shah MUMBAI (Reuters) - China's smartphone makers are drafting in cricket teams and Bollywood stars to conquer India, their largest overseas market and a key testing ground for their international expansion, as they try to rebrand as more than just sellers of cheap handsets. Xiaomi Technology - the fast-growing No.3 global smartphone maker valued at $45 billion (£29.98 billion) after a December funding round - hosted its first global launch outside of China in New Delhi on Thursday, unveiling its feature-heavy Mi 4i model that supports six Indian languages at 12,999 rupees ($205). "It speaks volumes to our focus on India, our intentions, and (is about) really putting our investment where we believe the future of the company is," Hugo Barra, Xiaomi's vice president of international operations, said. Manufacturers including Gionee, Huawei Technologies [HWT.UL] and Lenovo are trying out new retail strategies, marketing plans and research for devices in India, as they look to push into new markets. More »

  • Cost of Galaxy's battle against iPhone on the rise
    Cost of Galaxy's battle against iPhone on the rise Thu, Apr 23, 2015

    By Se Young Lee SEOUL (Reuters) - 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. The 64-gigabyte model of the Galaxy S6 edge costs $290.45 to make, according to IHS Technology. For the price of producing 100 sets of this S6 edge model, Apple can make 121 sets of 64-GB iPhone 6 Plus, calculations by Reuters show. In 2010, when Samsung launched the Galaxy series and Apple unveiled the iPhone 4, their production costs were almost on par. More »

  • EU court upholds LCD panel cartel fine for LG Display Thu, Apr 23, 2015

    LG Display, whose largest shareholder is LG Electronics, was initially fined 215 million euros. LG Display then appealed, seeking a greater reduction of the fine. It argued that the Commission, in calculating the fine, should not have taken into account panel sales to the company's then parents LG Electronics and Philips. Philips sold off its stake in LG Display in 2008, until when the company was called LG Philips LCD In total, the European Commission set fines in 2010 of 648.9 million euros for six Korean and Taiwanese panel producers. More »

  • Samsung to plough $9 billion more into South Korea chip plant - MoneyToday
    Samsung to plough $9 billion more into South Korea chip plant - MoneyToday Thu, Apr 23, 2015

    Samsung Electronics Co Ltd is set to spend at least another 10 trillion won (6.11 billion pounds) to boost capacity at a new South Korean chip plant, a 64 percent increase over announced investment plans, domestic online news service MoneyToday reported. The world's top memory chip maker said late last year it would invest 15.6 trillion won to build the plant, its biggest ever commitment to a single production facility, as it ramps up its semiconductor business to offset slowing smartphone earnings. The plant is scheduled to begin production in 2017, but MoneyToday, which did not cite sources, did not specify when the additional investment would take place. Samsung and rival SK Hynix Inc have reported robust memory chip earnings in recent quarters, partly because careful capacity management across the industry has supported prices of DRAM and NAND chips. More »

  • Samsung Electronics to plough $9 billion more into South Korea chip plant - …
    Samsung Electronics to plough $9 billion more into South Korea chip plant - … Thu, Apr 23, 2015

    Samsung Electronics Co Ltd plans to invest at least another 10 trillion won (6.13 billion pounds) to boost capacity at a new South Korean chip plant, news service MoneyToday reported on Thursday without citing sources. Samsung has already announced a 15.6 trillion won investment to build the plant in Pyeongtaek south of Seoul, its biggest commitment to a single production facility, as it ramps up its semiconductor business to offset slowing smartphone earnings. The plant is scheduled to begin production in 2017, but MoneyToday did not specify when the additional investment would take place. The report also said Samsung, the world's top memory chip maker, will produce DRAM memory chips at its South Korean chip complex but could also make mobile processors depending on market conditions. More »

  • Samsung Elec to plough $9 billion more into South Korea chip plant - MoneyT …
    Samsung Elec to plough $9 billion more into South Korea chip plant - MoneyT … Thu, Apr 23, 2015

    Samsung Electronics Co Ltd plans to invest at least another 10 trillion won ($9.23 billion) to boost capacity at a new South Korean chip plant, news service MoneyToday reported on Thursday without citing sources. Samsung has already announced a 15.6 trillion won investment to build the plant in Pyeongtaek south of Seoul, its biggest commitment to a single production facility, as it ramps up its semiconductor business to offset slowing smartphone earnings. The plant is scheduled to begin production in 2017, but MoneyToday did not specify when the additional investment would take place. The report also said Samsung, the world's top memory chip maker, will produce DRAM memory chips at its South Korean chip complex but could also make mobile processors depending on market conditions. More »

  • Qualcomm forecast misses as customer loss hurts mobile chip sales
    Qualcomm forecast misses as customer loss hurts mobile chip sales Wed, Apr 22, 2015

    Qualcomm Inc forecast current-quarter revenue and profit below analysts' expectations, saying the loss of a key customer and delays in product launches by some smartphone makers would hurt sales of its flagship Snapdragon chips. Earlier this year, longtime customer Samsung Electronics Co opted to use an internally developed processor for its new Galaxy S6 smartphone and Note rather than Qualcomm's latest Snapdragon mobile chip. Most of Qualcomm's revenue comes from selling baseband chips, which enable phones to communicate with carrier networks, but a majority of its profit comes from licensing patents for its CDMA cellphone technology. Hedge fund Jana Partners has been putting pressure on the company to spin off the chip business from its highly profitable patent-licensing business. More »

  • Nokia's maps unit draws further bidders - Manager Magazin Wed, Apr 22, 2015

    Nokia's maps business has drawn interest from potential buyers including Facebook and a consortium of German carmakers made up of BMW , Audi and Daimler , a German magazine reported on Wednesday. Citing people familiar with the matter, Manager Magazin also confirmed an earlier report that online taxi service Uber is looking at the books of HERE, Nokia's mapping unit, and that U.S. private equity firm Hellman & Friedman was also interested. Nokia is also trying to drum up interest from Apple Inc , Alibaba Group Holding Ltd and Amazon.com Inc , Bloomberg reported, citing people familiar with the matter. More »

  • Sony raises profit view as videogame sales herald turnaround
    Sony raises profit view as videogame sales herald turnaround Wed, Apr 22, 2015

    Japanese consumer electronics firm Sony Corp raised its earnings estimates for the second time in three months on Wednesday, citing higher than expected sales of video games and digital cameras. Sony said it probably made an operating profit of 68 billion yen ($569 million) in the year ended March 31, compared with 26.5 billion yen a year earlier. Sony is set to make its official earnings statement for the year on April 30. As part of its restructuring, Sony has spun off its TV business. More »

  • Rolls-Royce appoints acclaimed technology executive as CEO
    Rolls-Royce appoints acclaimed technology executive as CEO Wed, Apr 22, 2015

    By Paul Sandle LONDON (Reuters) - Aircraft engine maker Rolls-Royce has turned to one of Britain's most successful technology executives, Warren East, to restore its fortunes after a year marred by falling profit, job cuts and cancelled orders. The British company's surprise announcement on Wednesday said that John Rishton would retire in July after four years at the helm and will be succeeded by the former head of ARM Holdings , Britain's biggest listed technology company. East, who has been a non-executive director of Rolls-Royce since January last year, was chief executive of ARM between 2001 and 2013, overseeing its expansion as a leading developer of microchips for the likes of Apple and Samsung . Shares in Rolls-Royce rose to an eight-month high in early trading, with JP Morgan upgrading the stock to "hold" from "underweight". More »

  • South Korea seeks bigger role in global arms bazaar
    South Korea seeks bigger role in global arms bazaar Wed, Apr 22, 2015

    By Joyce Lee and Tony Munroe SEOUL (Reuters) - When South Korean president Park Geun-hye stopped off in Peru this week, her diplomatic tasks included drumming up interest in her country's home-grown light fighter jets. While Park did not come away with a new contract, state-run Korea Aerospace Industries (KAI) is in the running for a contract to supply Peru with 24 of its FA-50 fighter jets, worth as much as $2 billion (1.3 billion pounds). With South Korea's arms makers experiencing sluggish domestic growth, its defence exports have gone from $144 million in 2002 to $3.6 billion last year, with an average annual gain of 31 percent over the past five years. The industry, developed mostly with American technology during a decades-long standoff with North Korea, is hoping to sustain that growth by selling beyond its main export markets in Southeast Asia into Latin America, Europe and the United States. More »

  • Sony raises profit view as higher sensors, videogame sales herald turnaroun …
    Sony raises profit view as higher sensors, videogame sales herald turnaroun … Wed, Apr 22, 2015

    Japanese consumer electronics firm Sony Corp on Wednesday raised its earnings estimates for the second time in three months, citing higher-than-expected sales of camera sensors and videogames. Sony said it probably made an operating profit of 68 billion yen (380.68 million pounds) in the year ended March 31, compared with 26.5 billion yen a year earlier. Sony is set to make its official earnings statement for the year on April 30. As part of its restructuring, Sony has spun off its TV business, and also plans split off its audio and video business as part of a new strategy to encourage greater autonomy of its subsidiaries. More »

  • Broadcom profit beats as demand rises from smartphone makers
    Broadcom profit beats as demand rises from smartphone makers Tue, Apr 21, 2015

    Wireless chip maker Broadcom Inc reported higher-than-expected quarterly revenue and profit, helped by strong sales of its WiFi and broadband chips to smartphone makers such as Apple Inc and Samsung Electronics Co Ltd . Shares of Broadcom, which also forecast current-quarter revenue above analysts' expectations, rose 5.4 percent in extended trading on Tuesday. Samsung's Galaxy S6, launched in April, is also expected to drive sales this year. Broadcom is exiting its baseband chips business after falling behind Qualcomm in the development of 4G technology increasingly used by carriers. More »

  • Al Sadd all smiles after reaching last 16
    Al Sadd all smiles after reaching last 16 Tue, Apr 21, 2015

    Qatar's Al Sadd were among a trio of former champions to make the last 16 of the Asian Champions League on Tuesday after a fine strike by Brazilian forward Muriqui gave them a 1-0 win over Iran's Foolad Khuzestan in Doha. More »

  • BlackBerry to buy WatchDox to bolster data security
    BlackBerry to buy WatchDox to bolster data security Tue, Apr 21, 2015

    By Euan Rocha TORONTO (Reuters) - BlackBerry Ltd said on Tuesday it is acquiring privately-held U.S. tech company WatchDox, which makes software that secures files for clients ranging from private equity firms to Hollywood studios, in a bid to boost its security offerings. The Wall Street Journal, citing an unnamed source, said BlackBerry was paying $70 million for the Palo Alto, California-based company. Some of WatchDox's 85-member team is based at its research and development facilities in Petah Tikva, Israel. "Israel's widely known as a very innovative security market, and we believe the team there is excellent," Jim Mackey, BlackBerry's head of corporate development, said in an interview. More »

  • ARM Hails Internet Of Things As Profits Leap
    ARM Hails Internet Of Things As Profits Leap Tue, Apr 21, 2015

    ARM Holdings has reported a 33% leap in pre-tax profit, partly due to surging sales of the latest iPhone models. The chip designer, which licences its products to the likes of Apple and Samsung, said that first quarter sales rose by 14%, royalties from processor designs jumped 31% but licensing revenue grew at the much slower rate of 3%. ARM technology will also sit inside the new Apple watch  which is released on Friday. Looking forward, the company said that processors for microcontrollers and smart sensors to support the so-called Internet of Things would help underpin future revenue growth. More »

  • Chip designer ARM's first quarter results get iPhone 6 boost, shares hit … Tue, Apr 21, 2015

    By Paul Sandle LONDON (Reuters) - ARM Holdings, the British chip designer favoured by Apple, beat expectations for first-quarter profit thanks to demand for the iPhone 6, and said its royalties would grow as its latest technology is used in more smartphones. Shares in the Cambridge-based company rose to an all-time high of 1,233 pence after it posted a 24 percent rise in first-quarter pre-tax profit to 120.5 million pounds ($179.1 million). "In the second half of 2015 we expect to benefit from the increasing deployment of ARMv8-A technology, our latest generation of processors, in the newest smartphones and tablets," Chief Financial Officer Tim Score said on Tuesday. More »

  • Microsoft to launch first flagship store outside US in Sydney
    Microsoft to launch first flagship store outside US in Sydney Tue, Apr 21, 2015

    Microsoft is to open its first flagship store outside the United States in Sydney More »

  • Qualcomm to tap Samsung Elec to make new mobile processors - report
    Qualcomm to tap Samsung Elec to make new mobile processors - report Tue, Apr 21, 2015

    U.S. chip maker Qualcomm Inc plans to have its next-generation Snapdragon 820 mobile processors manufactured by Samsung Electronics Co Ltd, tech news website Re/code reported, citing unnamed sources. The move comes after Samsung opted to use its own Exynos processors for the recently launched flagship Galaxy S6 devices instead of the Qualcomm Snapdragon 810, prompting the U.S. firm to cut is financial outlook for the year. 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. More »

  • Qualcomm to tap Samsung to make new mobile processors - report
    Qualcomm to tap Samsung to make new mobile processors - report Tue, Apr 21, 2015

    U.S. chip maker Qualcomm Inc plans to have its next-generation Snapdragon 820 mobile processors manufactured by Samsung Electronics Co Ltd, tech news website Re/code reported, citing unnamed sources. The move comes after Samsung opted to use its own Exynos processors for the recently launched flagship Galaxy S6 devices instead of the Qualcomm Snapdragon 810, prompting the U.S. firm to cut is financial outlook for the year. 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. More »

  • Google Updates Android Wear Software In Apple Watch Battle
    Google Updates Android Wear Software In Apple Watch Battle Mon, Apr 20, 2015

    In the week the Apple Watch goes on sale, Google has announced a major update to its own Android Wear software that runs on its range of smartwatches. More »

  • Sony unveils new Xperia phone even as it retrenches in mobile
    Sony unveils new Xperia phone even as it retrenches in mobile Mon, Apr 20, 2015

    Sony Corp on Monday unveiled a new high-end Xperia handset featuring an aluminium frame and a 5.2-inch screen, showing it is still in the smartphone race even as it scales down its struggling mobile operations. The launch of the new flagship model comes amid a painful restructuring at the Japanese consumer electronics giant which has thrown the future of its smartphone division into doubt, with top executives saying an exit cannot be ruled out. Sony said the Xperia Z4 would be available in Japan around the middle of the year, though it did not provide a launch date, details on carrier partners or price. Hiroki Totoki, who was appointed last year to turn around the mobile unit, said Sony was targeting the upper end of the market where rivals such as Samsung Electronics Co Ltd and Apple Inc dominate. More »

  • Recession-hit Finland faces election focused on jobs, debt
    Recession-hit Finland faces election focused on jobs, debt Sat, Apr 18, 2015

    HELSINKI (AP) — Finland's last election focused on the rights and wrongs of bailing out Greece. This time, the Finns are wondering how to pull their own land out of the economic dumps. More »

  • Samsung removes logo on smartphones in Japan
    Samsung removes logo on smartphones in Japan Sat, Apr 18, 2015

    A leading smartphone maker globally, Samsung has been struggling in the Japanese market, where archrival Apple is dominant More »

  • Google's EU showdown offers openings to competitors
    Google's EU showdown offers openings to competitors Fri, Apr 17, 2015

    Whether or not the EU succeeds in branding Google a market-abusing monopolist in web search - a big if, given that the competition authority has yet to publish its exact charges - the Internet giant could be pinned down for years to come in regulatory procedures and legal appeals. A drawn-out process is likely to embolden existing and would-be interlopers to step up assaults on Google's wide range of businesses, if the history of Microsoft's antitrust battles with U.S. and European regulators is any guide. In accusing Google of anti-competitive practices against rival shopping sites, the EU competition authority said it is continuing to investigate other areas, including alleged "web scraping" to copy content off of rival travel and local business review sites, and Google's restrictive practices on advertising. A quick EU finding that Google has abused its market power by favouring its own shopping services at the expense of non-Google websites, could set a precedent for new charges over how it handles hotels, flights and other services, experts say. More »

  • Google antitrust: EU says favourable treatment of shopping services hurts c …
    Google antitrust: EU says favourable treatment of shopping services hurts c … Thu, Apr 16, 2015

    The European Union Competition Commissioner accused Google on 16 April of cheating consumers and competitors by distorting Web search results to favour its own shopping service, after a five-year investigation that could change the rules for business online. EU Competition Commissioner Margrethe Vestager said the US company, which dominates Internet search engine markets worldwide, had been sent a Statement of Objections - effectively a charge sheet - to which it has 10 weeks to respond. "The preferential treatment by Google in its general search of one of Google's own products, the shopping comparison service, also known as Google Shopping - what we see is that this favourable treatment over its shopping services constitutes an abuse under EU competition law," Vestager told reporters in a high-profile visit to the United States. More »

  • Five Cheaper Alternatives to Apple Watch Which Do The Same Things
    Five Cheaper Alternatives to Apple Watch Which Do The Same Things Thu, Apr 16, 2015

    Apple Watch is pretty steep at £300 for the cheapest model - but can you get the same functions for less? More »

  • SanDisk forecasts first full-year revenue decline in three years
    SanDisk forecasts first full-year revenue decline in three years Wed, Apr 15, 2015

    SanDisk Corp forecast a steeper-than-expected fall in full-year revenue and said it plans to cut jobs to reduce costs, as the data storage products maker struggles to meet demand for its flash-based memory products. The forecast of a revenue decline, which will be its first after two years, came after the company reported its first fall in quarterly revenue, also in two years. Shares of SanDisk, which makes products for cloud computing and datacenters as well as for smartphones and other mobile devices, fell 6 percent in extended trading. There is strong demand for SanDisk's solid-state drives and memory chips. More »

  • Nokia buys Alcatel to take on Ericsson in telecom equipment
    Nokia buys Alcatel to take on Ericsson in telecom equipment Wed, Apr 15, 2015

    By Jussi Rosendahl and Leila Abboud HELSINKI/PARIS (Reuters) - Nokia is to buy Alcatel-Lucent in an all-share deal that values its smaller French rival at 15.6 billion euros ($16.6 billion), building up its telecom equipment business to compete with market leader Ericsson . With about 114,000 employees and sales of around 26 billion euros, the combined company will rank a strong second in mobile equipment, with global market share of 35 percent, behind Ericsson at 40 percent and ahead of Huawei's 20 percent, according to Bernstein Research. The new Nokia will have stronger exposure to the important North American market, with major AT&T and Verizon contracts. It will also fill gaps in its product portfolio with Alcatel-Lucent's technology in optical transmission and Internet routers, which help telecom operators handle the ever-increasing volume of data brought on by users surfing the web on their smartphones and watching Netflix at home. More »

  • Exclusive - Six percent of U.S. adults plan to buy Apple Watch: Reuters pol …
    Exclusive - Six percent of U.S. adults plan to buy Apple Watch: Reuters pol … Wed, Apr 15, 2015

    By Bill Rigby SAN FRANCISCO (Reuters) - About 6 percent of U.S. adults plan to buy Apple Inc's smartwatch according to a Reuters/Ipsos poll, with men twice as likely as women to purchase Apple boss Tim Cook's first new major product. The poll showed the watch, marketed by Apple as a high-fashion item as well as a new frontier in technology, appealed to fewer than 4 percent of women compared with 9 percent of men. More »

  • China's Huawei shows smartphone credentials with P8 launch
    China's Huawei shows smartphone credentials with P8 launch Wed, Apr 15, 2015

    By Paul Sandle LONDON (Reuters) - China's Huawei [HWT.UL] unveiled its flagship P8 and P8 Max smartphones on Wednesday, devices that stack up against the latest models from Samsung and Apple in technical specifications if not marketing budget. The P8, which runs Google's Android operating system, has a 5.2 inch display screen -- slightly larger than the Samsung Galaxy S6, unveiled last month, and the iPhone 6 -- and an eight-core 64-bit processor. Made from a single piece of metal, the phone is thinner than its rivals, with a width of 6.4 millimetres, Huawei said at a packed global launch event in London. The market is dominated by Samsung and Apple, which Gartner said had combined sales of nearly 500 million units. More »

  • TechBits: Analyzing medical data, breaking smartphones
    TechBits: Analyzing medical data, breaking smartphones Wed, Apr 15, 2015

    SAN FRANCISCO (AP) — Your smartphone could be a valuable tool for medical research — and for treating a variety of ailments. More »

  • Nokia agrees 15.6-bn-euro deal to buy Alcatel-Lucent
    Nokia agrees 15.6-bn-euro deal to buy Alcatel-Lucent Wed, Apr 15, 2015

    Nokia's purchase of Alcatel-Lucent has created the world's biggest supplier of mobile phone equipment More »

  • China's Huawei ships 17.5 million smartphones globally in first quarter, …
    China's Huawei ships 17.5 million smartphones globally in first quarter, … Wed, Apr 15, 2015

    HONG KONG (Reuters) - China's Huawei Technologies Co Ltd said smartphone shipments rose 28 percent in the first quarter, helped by demand for higher-margin models aimed at a premium market dominated by Samsung Electronics Co Ltd and Apple Inc. The Shenzhen-based company said it shipped 17.5 million smartphones globally over January-March. Of that, about 34 percent were mid- to high-end models, compared with 5 percent in the same period a year earlier. Huawei aims to ship 100 million smartphones globally in 2015. Shipments last year reached 75 million versus a target of 80 million. ... More »