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Articles about Samsung

Milhouse Van Houten

Your 30-second guide to why Samsung is acting all Smugsun today

Samsung is getting a nod of approval from investors and analysts as the electronics giant has revealed gains in its mobile, semiconductor, and consumer electronics operations. The South Korean firm said its Android phone business managed to grow its sales figures in its third quarter of 2015, raising hopes that further gains …
Shaun Nichols, 29 Oct 2015
US Supreme Court

Samsung goes to US Supreme Court to wriggle out of paying Apple millions of dollars

Samsung is taking its patent battle with Apple to the US Supreme Court. The Korean electronics kingpin has asked the US top court to hear its appeal of a jury decision that found its handsets in violation of multiple patents held by Apple, according to The San Jose Mercury News. Samsung did not return a request for comment. …
Shaun Nichols, 20 Aug 2015
Samsung Galaxy S6

Samsung Electronics' sales go OVER A CLIFF

Samsung Electronics, the phones-and-chips-and-tellies arm of the Chaebol, has reported a nasty set of numbers for 2015's first quarter. Let's go straight to a slide from the earnings call to show you just how nasty it is. Samsung Q1 2015 sales and profits Samsung Electronics Q1 2015 results. Click here to embiggen Those …
Simon Sharwood, 29 Apr 2015

Shouty investor Elliot trains guns on Samsung merger

Activist hedge fund Elliot Associates is to take legal action against Samsung over its merger, widely seen as a move to consolidate the power of the South Korean firm's controlling Lee family. Last month, Sammy announced its merger with fashion, leisure and construction biz Cheil Industries, a company in which the tech giant …
Kat Hall, 09 Jun 2015
Samsung's Galaxy S6 Edge+ and GalaxyNote 5

Samsung phablet phrenzy brings mobile payments into the age of WIRELESS TAPE

Samsung has revealed that Samsung Pay will debut in Korea on August 20, reach the USA on on September 28 and eventually appear in the U.K., Spain and China, as well. The new scheme will not, however, rely on newfangled near-field comms (NFC). Instead it will use both NFC and Magnetic Secure Transmission (MST), a technology …
Simon Sharwood, 14 Aug 2015
Samsung Galaxy S6

What can't sell Galaxy S6s and keeps going down on you? Samsung and its profits

Samsung Electronics's profits fell eight per cent, year on year, in its second quarter of 2015 – as sales of its Galaxy S6 failed to gain traction. Profit for the three-month period, which ran from April to June, fell to 5.75tn won ($4.9bn, £3.2bn). Profit for the mobile division fell to 2.76tn won, from 4.42tn won a year …
Kat Hall, 30 Jul 2015

Samsung and HTC: Gaze upon our EMBIGGENED numbers, pesky analysts

Cost-cutting and better-than-expected mobile shipments helped Samsung Electronics and HTC trash analysts' profit forecasts, according to both firms' unaudited Q1 data. Results from the Korean chaebol took a turn for the worse in 2014 as demand for its smartphones and tabs crashed, causing an inventory pile-up that proved …
Simon Rockman, 07 Apr 2015
The Samsung Galaxy S5 in 'copper'

Samsung makes investors happy with $1bn share buyback

Samsung has announced a plan to buy back $2bn worth of its shares, after investors pressured the firm for higher returns. The Korean chaebol will buy back 1.65 million common shares and 250,000 preferred shares in its first buyback since 2007, and the second-largest ever. Sammy said in a regulatory filing the stock repurchases …

Peak Samsung: Bottom line walloped in Chinese mobe, slab war

Cheap slabs and smartphones from Chinese brands are taking a toll on the once seemingly unstoppable tech sales machine Samsung Electronics as it forecast a year-on-year crash in Q4 profit. The chaebol warned in a preliminary earnings guidance message that operating profit will be more than 37 per cent lighter on the same period …
Paul Kunert, 08 Jan 2015

Samsung threatens to cut ties with supplier over child labour allegations

Samsung has threatened to cut ties with a key supplier after the latter was accused of hiring children to work in its factory. Last week, Child Labor Watch (CLW) claimed the Chinese firm Dongguan Shinyang Electronics employed underage workers during busy periods - and then paid them a pittance. Now Samsung has announced it will …
Jasper Hamill, 15 Jul 2014

Samsung to boot out Shin after Galaxy S5 tanks – report

Sales of the Galaxy S5 have so disappointed Samsung that it is reportedly looking at ousting mobile boss JK Shin and parachuting in appliances and telly tsar BK Yoon – who would oversee mobiles as well as his existing remit. Whichever way you cut it, the S5 has done badly:revenue, margins, year-on-year sales against the S4 or …
Simon Rockman, 25 Nov 2014
No Sale

Samsung and BlackBerry: Coming together? Not at this price

Analysis A Reuters report that Samsung held talks with Canada's BlackBerry over a possible acquisition doesn't ring true, for a number of reasons. Firstly, the deal as reported would represent a haircut for BlackBerry's biggest shareholder, and financial saviour Prem Watsa. Watsa's Fairfax Holdings bought most of BlackBerry stock at $17 …
Andrew Orlowski, 15 Jan 2015
BlackBerry Classic QWERTY key smartphone

Samsung BlackBerry gobble DENIED: We're not for sale to Sammy – execs

Samsung was today rumored to be eyeing up acquiring BlackBerry for $7.5bn – until the Canadian biz point-blank shot down the anonymous claims within hours later. Reuters cited unnamed well-placed sources in announcing the South Korean giant was in talks with BlackBerry so it could snap up the troubled phone maker's patent …
Shaun Nichols, 15 Jan 2015
Samsung 60nm 1Gb DDR 2 DRAM chip and DIMM

Samsung issues 'deep apology' to cancer-hit semiconductor workers

Samsung has officially apologised to over 200 semiconductor workers who suffered from leukaemia and other cancers – for which their families blame the Korean firm. The company has also promised to compensate "affected" workers and their families, according to local news agency Yonhap. "Several workers at our production …

Samsung bags second Internet of Home Stuff home firm in a week

Samsung has announced its second smart home slurp in a week with the acquisition of heating, ventilation and air conditioning distributor Quietside. Samsung Electronics America said that it had agreed to buy the firm, which already distributes Sammy products, but didn’t disclose the terms of the deal. The company said that …

Samsung launches 'perfect pair' of skinny mid-range phones

The world’s biggest mobile phone manufacturer has unveiled two new Galaxy devices aimed at halting its falling market share and plummeting profits. The Samsung Galaxy A3 is 130.1 x 65.5 x 6.9mm, and 110g with a 4.5-inch screen, while the A5 is 139.3 x 69.7 x 6.7mm and 123g with a 5-inch screen. For comparison, the flagship …
Simon Rockman, 31 Oct 2014
samsung workers

Samsung sticks with CHILD labor shame fab: Zero-tolerance means 30% less trade

Samsung will do 30 per cent less business with a Chinese parts maker reportedly caught with underage workers at its factory – despite the supplier’s promises to comply with labour laws in future. The South Korean chaebol suspended business with Dongguan Shinyang Electronics, a subsidiary of Shinyang Engineering, when US charity …
Chromebook and Chromebox

Samsung abandons Chromebooks, laptops, PCs in Europe

Samsung will hit the eject button on its the European PC business after deciding its low sales volumes simply aren't worth the cost. The move will not surprise industry types as earlier this year the chaebol exited the entry-level notebook segment in the Euro region – to concentrate on premium portables including Ultrabooks. …
Paul Kunert, 23 Sep 2014

Goodbye, Mr Dong: Samsung Galaxy S5 boss disappears through trapdoor

Samsung has parted ways with Chang Dong-hoon, the head of its mobile design team. The doomed exec offered to step down last week and will be replaced by Lee Min-hyouk, Reuters reports. The move follows criticism that the company's flagship Galaxy S5 is not sufficiently innovative to stir the mobile market. Less-than-stellar S5 …
Simon Sharwood, 08 May 2014
Fraud image

BIG trouble in Big China: Samsung cops it RIGHT in the wallet

Analysis Competition from Chinese smartphone makers has mashed Samsung's China sales, resulting in a warning from the Korean company that its third quarter earnings would drop by 60 per cent when compared with the previous year. We’ve seen how Xiaomi, whose CEO fashions himself on Steve Jobs, is more of a threat to Samsung than Apple. …
Simon Rockman, 07 Oct 2014
Samsung UE8500 78-inch curved TV

Samsung Electronics chair Lee Kun-hee hospitalised

Lee Kun-hee, the chair of Samsung Electronics, has reportedly been hospitalised and is receiving “emergency treatment” for a heart ailment. South Korean news service Yonhap has published rolling reports suggesting Lee, 72, experienced shortness of breath on Saturday evening, was subsequently hospitalised and required …
Simon Sharwood, 11 May 2014

Samsung faces down TAB and smartphone MOUNTAIN HORROR

Samsung has confirmed sluggish sales of smartphones and tablets combined with efforts to shift the stock mountain that cast a shadow over Europe, denting group sales and profits for calendar Q2. The Korean chaebol has been out of step with falling market demand and as exclusively revealed by The Channel back in May, Sammy UK …
Paul Kunert, 31 Jul 2014
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Brits' BORKED Samsung kit held up after repair centre slips into administration

British Samsung repair centre Samuel King Intelligent IT Solutions has gone under, leaving folks stranded without their serviceable Sammy equipment. The repair firm, which fixes mobiles, TVs, laptops and other Samsung tech, said on its website that it had gone into administration, without giving any further information other …
Child labourers

Another Samsung supplier fingered in new 'child labor' probe

Samsung is once again under fire from a watchdog that claims the South Korean leviathan sources components from suppliers that employ child laborers. China Labor Watch (CLW) on Thursday identified a factory called Shinyang Electronics, located in Dongguan, China, that it alleges hires children to work long hours for little pay …
Neil McAllister, 10 Jul 2014

Microsoft blasts sueball at Samsung over Android patent royalties

Updated Microsoft filed a lawsuit against Samsung in a US court on Friday, claiming the Korean firm was in breach of an earlier cross-licensing agreement relating to Android technology patents. The two companies sealed their licensing deal in 2011, back in the days when Microsoft was threatening to sue all and sundry over patents …
Neil McAllister, 01 Aug 2014
Samsung Galaxy Note Android tablet and phone

Samsung's flagging phone fortunes hit profits hard

Samsung has promised to shake up its smartphone line-up to try to win back some of the ground it has lost in the sector, after it revealed that its third-quarter operating profit was the lowest in more than three years. Sammy’s operating profit was 4.1 trillion won ($3.9bn), while net profit was 4.2 trillion won. In the same …
Sorry we're closed

Samsung supplier halts assembly line amid child-labor probe

Debt collectors are literally circling the factory of a Chinese supplier to Samsung, where the assembly line remains halted following allegations that it hired underage workers. Samsung, which claims to have a "zero tolerance policy on child labor," said in a statement last week that it had temporarily suspended its …
Neil McAllister, 21 Jul 2014
Lee Kun-hee at a breakfast meeting with President Park Geun-hye and other business leaders

Samsung shares in stable condition after supremo's heart attack

Samsung says its chairman Lee Kun-hee is now in a stable condition in hospital after suffering a heart attack at the weekend. A spokesperson for the South Korean biz confirmed Lee was admitted to the Samsung Medical Center in Seoul early Sunday morning. The chairman was having trouble breathing late on Saturday, and showed …

Bloodied Samsung's profits down 25% as it clings to mobe crown

Samsung issued unaudited earnings guidance for the second quarter of its fiscal 2014 on Tuesday – and although it once again pulled in an impressive pile of coin, all is not going as well as was hoped for the world's biggest smartphone maker. The company said it now anticipates revenues of around 52.0 trillion South Korean won …
Neil McAllister, 08 Jul 2014
Smart home

Samsung slurps Internet of Home Stuff upstart SmartThings

Samsung is all set to slurp home automation platform SmartThings in another manoeuvre to prime the firm for the Internet of Stuff – if it should ever arrive. SmartThings is a platform that connects a range of consumer IoT devices for the house together into a smartphone app that works on iOS and Android. The company is a smart …
BlackBerry and Android, together at last

Droidberry dangles: Why the BlackBerry-Samsung alliance is big potatoes

Analysis There’s something about BlackBerry that even its biggest fans can forget. BlackBerry has never been a phone company – it has always been a network company. For over thirty years, BlackBerry has done clever things to and with networks. It brought efficient data management, security and intelligence to mobile packet networks – …
Andrew Orlowski, 13 Mar 2015

Apple stores? Samsung says two can play at that game

Samsung has fired another shot across Apple's bow, having announced that it plans to open a chain of own-branded retail stores across Europe. It won't do it all on its own, though. Instead, the Korean giant plans to crack the European market with the help of local "preferred partner" Carphone Warehouse. The UK-based mobile …
Neil McAllister, 29 Jan 2014

The END of the FONDLESLAB KINGS? Apple and Samsung have reason to FEAR

The two traditional kingpins of the tablet market may soon be hearing the footsteps of competitors gaining on them as both Apple and Samsung have lost market share in the latest report from IDC. The research firm said in its Quarterly Tablet Tracker report that the likes of Lenovo and ASUS picked up market share in the last …
Shaun Nichols, 25 Jul 2014

Samsung appoints first-ever British head of UK ops

Samsung Electronics has upgraded UK and Ireland MD Andy Griffiths to the presidential suite above - the first time the Korean chaebol has put a native in charge of a major country subsidiary. The previous man in the hotseat, SP Kim, who doubled up as president of European operations, has now moved to run two global business …
Paul Kunert, 05 Feb 2014

Samsung, Chipzilla in 4K monitor price cut pact

Computex Intel and Samsung have created a “collaboration” to help the latter company slice the price of 4K monitors. In a pre-Computex briefing call Lisa Graff, Chipzilla's PC Client Group veep and general manager of the Desktop Client Platforms Group opined that PC buyers are aware of 4K but that monitor costs are so high they're …
Simon Sharwood, 03 Jun 2014

Hot summer of football to stir Samsung's profits after slow Q1

Samsung Electronics, the mobes, slabs, screens, domestic appliances and chips arm of the industrial giant, has posted results showing a decline in operating product. The company hauled 53.68 trillion Korean won (about $US50 billion) through the doors between January 1 and March 30 2014, 8.49 trillion won (about $US7 billion) of …
Simon Sharwood, 29 Apr 2014
Suitcase bulging with cash

Samsung chairman wins £500m legal fight with brother

A legal battle that threatened Samsung's stability has ended after company chairman Lee Kun-hee’s brother decided not appeal a court decision against him. Older sibling Lee Maeng-hee ended the two year legal dispute over their inheritance by accepting a Seoul appeal court’s decision to reject his demand for a 940 billion won (US …
Phil Muncaster, 27 Feb 2014
management regulation1

Jury: Samsung must cough $290m of $379m Apple wanted - NOT in 5 cent pieces

After three days of deliberation, the jury in Apple's patent fight with Samsung has determined that the South Korean chaebol will have to pay Cupertino $290m in damages and lost profits after pinching its designs. "For Apple, this case has always been about more than patents and money. It has been about innovation and the hard …
Iain Thomson, 21 Nov 2013
Slick looking picture of  xiaomi's Mi3 Android smartphone

Watch out, Samsung and Apple: Xiaomi's No 3 in smartphones now

Chinese Android mobile firm and fierce Apple rival Xiaomi has nabbed the third place finish in the world’s largest smartphone vendors just three years after first setting up shop. Beancounters at Strategy Analytics said that the Chinese firm accounted for six per cent of the 320 million smartphones shipped in the quarter from …
Samsung Diva

Seoul-blackening disappointment for Samsung backers as stock droops

Shares in Samsung Electronics fell to their lowest in four months, dropping over four per cent on Thursday, after analysts said the firm's quarterly earnings were likely to be hit by the strong won and weaker business in its display unit, according to Reuters. The Korean chaebol's stock closed down 4.6 per cent on its fifth …

Samsung wins right to delay UK appeal in Apple dispute

A UK court decision over whether European patents owned by Samsung are valid and have been infringed by its rival Apple has been delayed until other proceedings before the European Patent Office have been concluded. The Court of Appeal granted Samsung's application for a stay of the UK proceedings until the EPO decides whether …
OUT-LAW.COM, 18 Mar 2014
The tablet comes with loads of subcriptions

S is for SMACKDOWN: Samsung takes Galaxy Tab slab war fruit-side

Samsung has raised the stakes in its assault against Apple's ever-popular iPad with its newest range of Galaxy fondleslabs, which are both bigger and have higher screen resolutions than those of its fruity rival. The new Galaxy Tab S comes in 8.4-inch and 10.5-inch configurations, both of which are the thickness of a current …
Simon Rockman, 13 Jun 2014
management strategy4

Samsung UK computing chief leaves for HP PC biz

HP has plugged the gap in its local printer and PC biz following the exit of channel sales director Pascal Bourguet with Samsung UK computing GM Damian Cusick, The Channel can reveal. Popular channel figure Bourguet was handed a European remit with HP in August when he was made EMEA veep of the consumer PC biz. Cusick is …
Paul Kunert, 11 Oct 2013

Samsung snaps up Cisco enterprise director for B2B push

Samsung has rustled Cisco's herd and made off with veteran UK enterprise sales director Tim Skinner, who will head up its continued push into commercial sectors. Skinner spent 14 years in the sales engine room at Cisco but this week started at Samsung as director of its B2B operation, reporting directly to Graham Long. Long, …
Paul Kunert, 01 Aug 2013
Samsung Galaxy Gear

Samsung's at it AGAIN: SHATTERING profit records, that is

Samsung Electronics has pushed profits to yet another record, jumping 26 per cent in the third quarter, but had to rely on recovery in the chip market to do it. The Korean chaebol has had a string of strong quarters as its Galaxy mobes powered to the top of the Android table and it joined Apple at the head of the smartphone …
Samsung Galaxy S4 Active

Samsung profits deflate after mobile division runs out of puff

Global smartphone leader Samsung took a knock on Friday after releasing Q4 financials that show a drop in profits of 11 per cent from the previous three months – its first quarterly decline in two years. The Korean giant said net profits stood at 7.3tr won (£4bn) for the fourth quarter, while operating profit was 8.31tr won (£5. …
Phil Muncaster, 24 Jan 2014
Samsung Galaxy Gear

Samsung stakes claim to smartwatch market with Galaxy Gear

Samsung has been showing off its entry into the smartwatch market, as well as a new Galaxy tablet and super-sized smartphone, ahead of the IFA 2013 consumer electronics show in Berlin. Samsung Galaxy Gear A Rolex it ain't "Samsung Galaxy Gear benefits consumers by integrating smart device technology even deeper into their …
Iain Thomson, 05 Sep 2013
Broken piggy bank with coins surrounding it. Image via Shutterstock

Don't want to fork out for NAND flash? You're not alone. Disk still rules

NAND flash shipments are not catching up with disk, casting doubt on the idea that disks will disappear from data centres, according to the latest research. Stifel MD Aaron Rakers used data from Samsung, Gartner and others to tabulate capacity-based shipment data for consumer and enterprise disk and flash storage devices. …
Chris Mellor, 05 Oct 2015

Samsung Gear splurge skews smartwatch market Google’s way

Strategy Analytics, a market watcher, has provided an object lesson in how statistics can give a potentially skewed picture of the evolution of a new product category. Samsung Galaxy Gear Around a million Samsung Galaxy Gear were pumped into the channel after its launch SA yesterday claimed that Google’s OS, Android, …
Tony Smith, 14 Feb 2014

But WE want to rule the Internet of STUFF – Intel, Dell, Samsung & chums

Intel, Dell, Samsung and Broadcom – among others – have founded a yet another group, dubbed the “Open Interconnect Consortium”, to promote standards that help development of the Internet of Things. The new consortium says it “will seek to define a common communication framework based on industry standard technologies to …
Simon Sharwood, 08 Jul 2014



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