Samsung forecasts first annual profit drop in three years January 8, 2015 The world's biggest electronic company Samsung as predicted its first annual profit drop since 2011. The South Korean smartphone maker forecast operating profit of 5.2 trillion Korean won (£3bn) for the three months to December, down from 8.3 trillion won a year earlier. Despite this it beat an earlier estimate of 5 trillion won from [...]
CES 2015: The internet of things is coming soon says Samsung’s UK boss Andy Griffiths January 6, 2015 Samsung’s UK boss tells Oliver Smith in Las Vegas that self-controlling central heating and self-parking cars are around the corner Will internet-connected devices change your life over the next five years? Samsung, along with most of the other tech giants in the convention halls of Las Vegas where the global tech industry has amassed this [...]
CES 2015: Samsung unveils SUHD TV and new content store Milk to rival Netflix and iTunes January 5, 2015 With its next flagship smartphone, the Galaxy S6, only reportedly making an appearance behind closed doors at the Consumer Electronics Show (CES) in Las Vegas this week, Samsung last night instead chose to double down on its position as the world’s largest manufacturer of TVs. Samsung’s flagship product was its SUHD TV, a 88-inch screen [...]
CES 2015: Samsung reveals SUHD TV and Tizen smart TV platform January 5, 2015 Samsung has revealed a new line of ultra high-definition curved TVs it's calling SUHD which run on the new smart TV platform Tizen. In an event at the Consumer Electronics Show (CES) the firm revealed it already had a 60 per cent share of the UHD market, with its curved screens making up half of [...]
The best places to find Cyber Monday deals 2014: John Lewis, Tesco, Asos, Marks and Spencer, Game, Samsung, Halfords and Morrisons December 1, 2014 Beleaguered shoppers are still nursing their bruises and retailers are still fixing up their stores following UK's biggest-ever "Black Friday", yet the deals keep on coming. Tomorrow is "Cyber Monday", the internet's biggest shopping day of the year when online retailers offer consumers another chance to grab a bargain as the Christmas shopping season [...]
Samsung brewing leadership changes after smartphone slump November 24, 2014 Changes may be coming in the upper tiers of Samsung Electronics’ leadership, after the tech industry giant and creators of the Galaxy smartphone suffered a particularly difficult year of declining profits, stock price and market share. According to one possible scenario, the company’s current head of mobile and one of three co-chief executives, Shin Jong-kyun, [...]
Fitbug share price hits record high after gaining Samsung deal for Kiqplan November 14, 2014 Fitbug shares hit a record high today after news of a deal with Samsung to feature one of its products on the smartphone-maker's digital health platform, Shares in the the Aim listed fitness technology company rocketed as high as 8.78 pence per share this morning, surpassing its previous high of eight pence per share in October [...]
Samsung share price up but electronics firm seeks change in tactics as profits drop October 30, 2014 Samsung Electronics, the world’s largest electronics manufacturer by sales, posted disappointing third-quarter results yesterday showing profits down 60.1 per cent to 4.1 trillion won (£2.4bn) in the three months to the end of September. The South Korean firm, whose share of the smartphone market declined for the third straight quarter, said it planned to focus [...]
Samsung profits fall 60 per cent as it moves its smartphones downmarket October 30, 2014 Samsung, the world's largest electronics manufacturer by sales, posted disappointing third-quarter figures showing profits fell 60.1 per cent to 4.1tn won (£2.4bn) in the three months to the end of September. The company, whose share of the smartphone market declined for the third straight quarter, announced plans to focus on the lower end of the [...]
UK smartphone sector saturated says Samsung October 23, 2014 Samsung’s UK president says a recent slowdown in smartphone sales is a sign that the market is saturated, and believes now is the time for the South Korean giant to double down on quality to continue its growth in a mature market. The comments come ahead of a forecasted 60 per cent fall in quarterly [...]