The demand represents a substantial chunk of last year’s net profit of $955 million for Samsung in India, where it is one of the largest players in the consumer electronics and smartphones market. It can be challenged in a tax tribunal or the courts. The company, which also imports telecoms equipment through its network division, […]
Samsung also said in a separate regulatory filing it would acquire 2.7 trillion won worth of its common shares, and 304 billion won worth of other shares, between Feb 19 and May 16 this year to raise shareholder value and benefit its employees. The company said in November last year it planned to buy back […]
India’s electronics production has more than doubled in the last six years to $115 billion in 2024, with the country now becoming the world’s second-largest mobile phone manufacturer. Apple led the Indian smartphone market with a 23% share in total revenue during 2024, followed by Samsung at 22%, according to research firm Counterpoint. The list […]
Advanced chips used for AI have been the bright spot in the weak memory chip market, but rival SK Hynix (000660.KS), opens new tab is Nvidia’s (NVDA.O), opens a new tab main supplier of high-bandwidth memory (HBM) chips used in AI graphics processing units (GPUs), whereas Samsung has struggled to meet Nvidia’s requirements. The U.S. […]
The next-generation Android operating system will have a new APU that will let social networking apps automatically recognize when the device is in low light conditions and switch to Night Mode, according to a blog post by Android Developers. By doing this, the camera setup will be optimized to produce a clearer, brighter image with […]
Samsung’s entrance into the smart ring market with the Galaxy Ring marks a significant milestone for the wearable technology industry. The move not only signals Samsung’s acknowledgment of the potential within the smart ring category but also validates the market’s viability, garnering reactions from key competitors like Oura and Circular. For Oura, one of the […]
The recent release of smartphones by Google and Samsung has raised awareness of AI developments and hinted at Apple’s impending entry into this field of technology. After the financial report was released, Apple CEO Tim Cook made a subtle indication that the company would be talking about generative AI projects later in the year during […]
Samsung is maybe planning to launch its new foldable phones, the Galaxy Z Fold3 and Z Flip3, in July this year. It is months earlier than the Z Fold2, which arrived last September. If Samsung is now making a shift to its release strategy and its H1 flagship (the S21 seires) already released in January, […]
Samsung galaxy s21 ultra is the latest iteration to the ultra-line-up after the S20 ultra and Note 20 ultra The s20 ultra failed to live up to its name. With a hefty price tag and camera issues being prominent now and then along with the Exynos chipset which performed quite poorly compared to Snapdragon. It […]
Lee Kun-Hee, the ailing Samsung Electronics chairman who transformed the small television maker into a global giant of consumer electronics. 78-year-old Lee died on Sunday. His family was by his side when he died because of heart attack. The death of the chairman comes at a time when his son, the de facto leader of […]
